Monday, December 03, 2007

Breaking News - I Mean Speculation!

According to Japan Economy News eBay and Yahoo are in the works on combining their auction sites in Japan. Here is the article:

"Yahoo Japan and eBay are apparently set to combine their online auction sites. Although an announcement has not yet been made, the Nikkei claims that operations are set to begin before the end of this year, and that Yahoo Japan users will soon be able to bid on items listed on eBay’s US-based site. Next year, Yahoo Japan items will be listed in English on eBay, allowing users in North America to bid on items from Japan."

So I guess eBay and Yahoo aren't going to merge they are just going to get in bed together. I wonder how Yahoo shareholders feel about this move. It's like letting the "fox in the hen house"

Its a good deal for eBay though. Haven't figured out if it will be good for sellers just yet so stay tuned.

Just my 5 cents!

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