EBay To Buy Small Classified Ad Sites
Published September 17th, 2008
Jacob Aqraou, general manager of eBay’s global classified business, said he expects the company will take over a fair number of small private companies within the next six months. Aqraou added that lackluster economic growth and the deepening credit crunch have depressed prices for small businesses to such a degree that it now makes more sense to buy established classifieds properties than build new services from scratch.
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