Enthusiasm Over Kijiji Has A Familiar Ring
from the meg-vs.-craig dept
This week, eBay announced that it would launch a domestic version of Kijiji, its free classified ads service, which inevitably draws comparisons to Craigslist (25% owned by eBay). The company has a big challenge cut out for itself, particularly considering the loyalty that Craigslist has among its users. But analysts are already excited about Kijiji's potential. In a research note, UBS analyst Benjamin Schachter talked up the potential size of the market and argued that the site could drive usage of PayPal and Skype, as users look for mechanisms to communicate and engage in transactions. Does that sound familiar? It's exactly the same logic behind the Skype acquisition, that usage of it would be boosted by eBay's buyers and sellers. That doesn't seem to have occurred to any significant extent, however. There's nothing wrong with eBay trying to capture a chunk of this market, but any excitement about major profits or synergies seems awfully premature.
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There's nothing wrong with eBay trying to capture a chunk of this market, but any excitement about major profits or synergies seems awfully premature.
Of course its premature, these are analysts we're dealing with. Mind you if eBay were to link this new startup properly with Paypal, Skype, and eBay itself things would definitely be looking up for them.
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Kiiiiiiiiiiiiiiiiiii!!!!!!!!
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Re: Kiiiiiiiiiiiiiiiiiii!!!!!!!!
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Just buy or sell anything and they (and their companies)make commission money - even if you go bust.
When are people going to wise up? (never I think)
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Agree with AC
I'm still waiting for Google to join the auction business, because as stated in the first comment, Ebay clearly is clueless on how to integrate existing properties. Give them a year, they'll owe a 50% market share and then in classic Ebay fashion ruin the site by charging for it. Either that or they'll take one in the behind and offer up Google ads to earn revenue.
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kijiji is way better
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Re: kijiji is way better
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Re: Re: kijiji is way better
Kijiji is a much better site than CL and so much easier to use - once it gets some wind in its sails in the U.S., you'll be singing a different tune.
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Craigslist attitude to serve the public
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Real Estate for Sale
HH
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