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Founded
PayPal was founded in March 2000 when Elon Musk‘s Internet financial service -
X.com
In October 2000, made the decision that X.com would terminate its other Internet banking operations and focus on the PayPal money service -
Expansion
The X.com company was then renamed PayPal and expanded rapidly in 2001 primarily as a result of its use on eBay -
Publicity
In February 2002 PayPal was offered as a publicly traded company. -
Ebay
The company was acquired by eBay for $1.5 billion later in 2002 -
Vice President
In January 2004, Tilenius became the vice president of PayPal merchant services. -
Competitor
In the year 2006 Google released PayPal competitor Google checkout. -
Mobile App
In 2008 eBay began to negotiation with Google to make PayPal a payment option for mobile application purchases on the Android Market. -
Resigned
October 16, 2009 Tilenius resigned as eBay’s vice president. -
Google
February 16, 2010 Tilenius was hired by Google as the vice president of electronic commerce. -
Declined Proposal
October 2010 Tilenius talked Bedier into talking the President of Google into letting PayPal become an accessible app for Android users. In the end, Google declined his proposal. Google however offered Bedier a job. -
Bedier leaves Paypal
In the year 2011 Bedier leaves PayPal for Google after being bribed. -
Google wallet payment
In May 2011 Google launches its new google wallet payment. Paypal then creates a lawsuit against Google. -
Lawsuit
In December of 2013 Paypal won the lawsuit aaginst Google.