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Auctionbytes-NewsFlash, Number 961 - February 24, 2005 - ISSN 1539-5065
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eBay News Roundup, February 24, 2005
By Ina Steiner
AuctionBytes.com
February 24, 2005
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eBay Completes Acquisition of Rent.com
eBay completed its previously announced acquisition of Rent.com, a leading Internet listing website in the apartment and rental housing industry. eBay announced the acquisition on December 16, 2004. In accordance with the terms of the amended acquisition agreement as announced on February 7, 2005, eBay acquired Rent.com for approximately $415 million in cash plus acquisition costs, net of Rent.com's cash on hand.
eBay Launches New Home Page
eBay said it has launched a new version of the eBay home page "that provides buyers with more direct access to category search and to key areas of My eBay."
http://www2.ebay.com:80/aw/marketing.shtml#2005-02-22144357
eBay UK Launches Groups
eBay has launched its "Groups" feature in the UK. The feature, located in the community area, allows users to create their own "discussion forums" based on their interests.
http://www2.ebay.com:80/aw/marketing-uk.shtml#2005-02-22174317
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