eBay Buys German Online Auctioneer
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eBay will take on the services provided by alando.de, which boasts 50,000 registered members, and more than 80,000 items listed in 500 categories.
Terms of the deal were not disclosed.
alando.de will change its name and URL to www.ebay.de later this year, allowing a few months of transition time before switching to the new global format.
"Although alando.de has quickly established itself as Germany's leading online trading company, the prospect of joining up with a global partner as successful as eBay was just too exciting," said Alexander Samwer, co-founder and spokesman for alando.de.
eBay has more than 3.8 million registered users and lists 2.2 million items for sale in 1,600 categories. The company is rapidly regaining its position in the market after a now infamous 22-hour site crash which cost it an estimated $3 to $5 million in lost revenue.