As PayPal Split Looms, eBay Plans to Think Small

eBay plans to grow by thinking small as it prepares for life apart from PayPal. The company says it's focusing on getting more people, as well as small to midsize businesses, to buy and sell items on its popular online marketplace. The effort comes as it attempts to address investor concerns about how it will fare later this year after it spins off its PayPal payments division, which has long been eBay's fastest-growing segment. CEO John Donahoe said Wednesday the company is moving toward the spinoff with "clarity and speed."