PayPal is reorganizing Venmo into its own standalone business unit

The move would make it easier to track Venmo's performance or sell the app, which has almost 100 million users

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PayPal $PYPL is restructuring Venmo into a separate segment within the company, according to CNBC, a move that would make it easier to monitor the mobile payments app's performance or pursue a sale.

The restructuring, which Lores communicated to managers this week, will divide the company into three distinct reporting segments: an........

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