PayPal invested $500 million in Uber's May IPO.
Since, Uber's stock price has fallen more than 40%, erasing $215.7 million from PayPal's original investment.
The loss weighed on PayPal's third-quarter earnings, and the company said it would change its accounting methodology to exclude the impact of such investments in the future.
Read more on Business Insider.
Uber's plummeting share price is not good for PayPal.
That's because the payments company invested $500 million in Uber's May...
Read this story at Business Insider