Take context from the input text and decide on the accurate relationship between 'PayPal' and 'eBay' from the options provided.
Options: chairperson, creator, owned by, publisher

Kimberly White by Spencer Soper eBay has agreed to sell its enterprise unit to a private-equity-led group for $US925 million ($1.25 billion) and reported results that topped analysts' estimates, days before the e-commerce company spins off its PayPal transactions business.
owned by