eBay to go on European shopping spree
Know what a piss-poor economy means at company's like eBay? Besides layoffs, silly. It means great bargains! eBay classifieds exec Jacob Aqraou says that because times are tough, now is the time for eBay to snatch up smaller classifieds websites at low prices. Aqraou told the Wall Street Journal the company wants to buy a couple Eastern European and Scandinavian sites as well as domestic sites targeting car dealers and real-estate agents. Alexa tells us the a list of popular Scandinavian classifieds sites includes Blocket.se, Finn.no, and Eniro.se. Aqraou said eBay will announce its acquisitions within the next several weeks.