Utilize the input text as a context reference, choose the right relationship between PayPal and eBay from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

eBay used PayPal for its transactions, while PayPal was able to tap into a vast network of merchants and consumers.

Answer: owned_by