Take context from the input text and decide on the accurate relationship between 'PayPal' and 'eBay' from the options provided.
Options: chief executive officer, currency, location of formation, owned by

PayPal Inc said it would buy digital money transfer provider Xoom Corp for $890 million as it muscles into a growing international remittance market and expand in countries like Mexico, India and China ahead of a spinoff from eBay Inc.
owned by