eBay Hops Into Bed With Craigslist

Aug 15

eBay Hops Into Bed With Craigslist

Forbes.com: EBay Buys 25 Percent Stake in Craigslist: Bet Craig is happy. If you’ve never heard of Craigslist, look here.

Online auctioneer eBay Inc. said Friday that it purchased a 25 percent pre-existing stake in San Jose, Calif.-based online marketplace craigslist.

With sites in 45 cities around the world, craigslist is an online meeting place for people looking to meet others, find a job, or locate an apartment as well as trade in such goods as tickets, furniture, cars and sporting goods.

by Deane August 15, 2004 9:30 AM

tags:

eBay

Comments

by Adam Kalsey, August 15, 2004 4:13 PM

Craig is most definately not happy. Ebay didn't buy the stake from him. They bought it from a former friend of his who owned 25% of the stock. Read about it on his blog: http://www.cnewmark.com/archives/000265.html

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