PayPal to Open New Facility in Arizona
July 17, 2006 5:39 AM
comment(s) - last by
92,000 sq-ft and 600 new employees
PayPal says that it will open a new research facility in Scottsdale, Arizona
. The new facility will be home to more than 400 research professionals by 2009. PayPal says that the new facility will be 92,000 square-feet and be located around Scottsdale's future SkySong technology park. PayPal's new Arizona location will accompany its parent company, eBay, which also has a large location in Phoenix.
News of PayPal's upcoming facility comes right on the heels of Google's plans to open a location in Phoenix. The search company is well on its way to finishing a research facility that is suppose to be home to roughly 600 employees. Google is also
in the process of opening a new research facility in Michigan
PayPal says that it plans to have the new facility up and running by November of this year. Jamie Patricio, a spokesperson for PayPal mentions that PayPal will be hiring roughly 100 new employees for product development, operations and infrastructure design immediately.
PayPal is facing new competition from Google
, now that Google has its new CheckOut service operational. The new service is picking up more support almost on a daily basis. PayPal's parent company,
eBay, does not allow its users to use Google CheckOut
for online auctions.
This article is over a month old, voting and posting comments is disabled
7/17/2006 3:43:30 PM
sounds expensive, does this mean rates are going up to pay for the new employee's/facility?
7/17/2006 8:03:48 PM
They'll probably use that as an excuse to raise fees. Truth is, much like oil companies, they are already rolling in the dough with their current fees. Clearly people using ebay really don't have much of a choice, either deal with the fees to go to some other auction site no one visits because if you don't use Paypal, not many people are going to bid on your item.
7/17/2006 8:06:45 PM
I hope google doesnt only offer competition for paypal, but kills it.
I concur with this statement.
“Then they pop up and say ‘Hello, surprise! Give us your money or we will shut you down!' Screw them. Seriously, screw them. You can quote me on that.” -- Newegg Chief Legal Officer Lee Cheng referencing patent trolls
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