eBay
Not everything needs to be auctioned
Catherine Holahan has a piece in Business Week about eBay and the decline of the company’s traditional auction business — or rather, the increasing growth of its non-auction “Buy It Now” business, which she says currently generates almost half of the company’s revenue. Nick Carr (always eager to pronounce something dead) asks whether eBay was [...]
eBay and Craigslist: A fox in the henhouse
A week or so ago, eBay filed a lawsuit against Craigslist, alleging that the controlling shareholders of the classified site — namely, founder Craig Newmark and CEO Jim Buckmaster — had taken certain steps to dilute the auction provider’s minority stake in the company, and thereby had breached their fiduciary duty and injured eBay as [...]
eBay: Won’t you be my neighbour
Lest anyone think that it is totally clueless when it comes to the whole social-networking thing, eBay has launched eBay Neighbourhoods, a kind of mashup of MySpace and Digg-style features that has been grafted onto the shopping site. Not surprisingly, perhaps, these social features are all mixed up with the main focus of the site [...]
eBay waves wand, Skype value disappears
Well, now it’s official: Skype turns out not to be worth the $4.1-billion that eBay seemed to think it was back in 2005. As Henry Blodget notes at Silicon Alley Insider, the $1.4-billion writedown that the online auction company just announced effectively recognizes what everyone else has known for some time: Skype may or may [...]
Does Craigslist care about Kijiji? Unlikely
Online auction behemoth eBay has decided to bring the fight over online classifieds to Craigslist’s backyard — even though it owns a 25-per-cent stake in the San Francisco-based site — by launching its Kijiji service in over 200 U.S. cities. Kijiji, which is just as hard to read as it is to say (it supposedly [...]
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