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Article: eBay buys 25 percent stake in San Francisco-based Web site craigslist.
- Article from:
- San Jose Mercury News (San Jose, CA)
- Article date:
- August 14, 2004
CopyrightCOPYRIGHT 2004 San Jose Mercury News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Michael Bazeley
Aug. 14--Craigslist, the San Francisco Web site that has endeared itself to users with its free, eclectic classified ads, has struck an unexpected partnership with one of the most profitable e-commerce operations in the world: eBay.
Craigslist said Friday that the San Jose online auction giant has acquired a 25 percent stake in the company from a former business partner of founder Craig Newmark. Terms of the deal were not disclosed, but craigslist said it received none of the sale proceeds.
Craigslist and eBay will share resources and expertise, but they will not merge their operations or otherwise immediately change how ...
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Article: EBay claims Craigslist unfairly diluted eBay's stake in it
AP Online;
April 22, 2008 ;
700+ words
... ... in 2004. An unnamed former Craigslist shareholder sought out eBay ... philosophies, but Best said, Craigslist has never sought any outside ... rapidly in recent years. San Jose-based eBay made $7.7 ... ranking site Alexa, while Craigslist ranks 45th. Craigslist ...
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