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eBay buys Swedish online auctioneer for $48 mln - The Future of Online Listings

Discussion in 'General Business' started by priidik, Apr 24, 2006.

  1. #1
    Web auctioneer eBay Inc said on Monday it had bought Tradera.com, a small Swedish rival, for about $48 million.

    Tradera.com has more than 750,000 listings at any given time, eBay said in a statement, adding it had plans to expand online trading in Sweden using its new investment.
    eBay said it did not expect the acquisition to have a material impact on its financial guidance issued with its first-quarter results last week.

    Tradera’s investors include Provider Funds and TIME Vision bpart AB.
    - Reuters.

    What do you think what will happen to online listings/online classified ads market in the near future? eBay has recently bought many European classified ads websites like Mobile.de, Loquo, GumTree, Marktplaats.

    Classified advertising is a $100 billion-plus industry worldwide. And it's changing fast. As classifieds evolve, a select few companies will make a lot of money. A few more will make a little money.

    We know that eBay makes a lot of money? But who else is making or will make?

    I think that LOCAL online listings sites will also make a lot of money.
     
    priidik, Apr 24, 2006 IP
  2. priidik

    priidik Peon

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    #2
    but anyway. the best business idea in the world: start a business and later sell it for big bucks.
     
    priidik, Apr 25, 2006 IP
  3. bobisawsome7

    bobisawsome7 Notable Member

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    #3
    Use the edit feature next time, bud :D

    And I think it's a waste of money right now. They should have waited.
     
    bobisawsome7, Sep 2, 2006 IP
  4. wormy

    wormy Active Member

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    #4
    More and more niches in business are being monopolized. Its scary for the little guys. Unless one of the big fish buys our little creations. :D
     
    wormy, Sep 2, 2006 IP