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EBay Eyes Local Classifieds Niche

Eager to expand its reach by honing in on opportunities around the world that its auction platform has missed, eBay (Nasdaq: EBAY) has said it will launch a worldwide network of local classified sites.

For now, eBay is billing KiJiJi as an experiment and said it came from a New Ventures team within the company whose mission is to find creative ways to expand the eBay brand. Analysts expect eBay will eventually seek to monetize the commerce on the site and might have plans to integrate the classified sites with its auction platform...

Source: Read Story on E-Commerce Times
 
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