PayPal agrees to invest $500M in Uber as it extends partnership
PayPal on Friday revealed that it’ll pump $500 million into Uber as it extends a partnership the companies have maintained since 2013. As part of the extension, the online payment company will look into developing the ride-hailing service’s digital wallet. PayPal boss Dan Schulman mentioned that deal in a LinkedIn post early Friday. “This is another significant milestone on our journey…