eBay Takes Craigslist Stake
By Ryan Naraine

Online auction giant eBay (Quote, Chart) has acquired a 25 percent stake in
Craigslist, the wildly popular online trading site that lets users find
anything from jobs to event tickets to dates.

Financial terms of the transaction were not disclosed.

The eBay investment comes on the heels of a move by Craigslist to start
charging a $25 fee for employment listings on two of its more popular
regional sites -- New York and Los Angeles.

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http://www.internetnews.com/ec-news/article.php/3394511


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