eBay Buying Everything
from the all-auctions-must-go-through-eBay dept
I guess eBay is doing well enough that they’re not waiting for competitors to go out of business. They’re out there trying to buy them all up as well. First are the rumors that they’ll be buying a Korean internet auction house. Then, there are rumors that they’re talking to CMGI about buying uBid. My guess is that CMGI is somewhat desperate to unload uBid. However, I’m really not sure how much uBid helps eBay. It is a slightly different business (business to consumer) but I’m not sure why eBay doesn’t just enter that business themselves, rather than having to deal with whatever legacy problems will come up from an attempted integration.