eBay Goes Dutch

According to CNET, eBay is purchasing Markplace.nl for $290 million in cash. Founded in 1999, Marktplaats.nl averages roughly a million listings.

marktplaats.jpg

This purchase gives eBay an instant presence in the Netherlands, something that has been lacking. eBay currently supports 24 local Web sites and 9 languages. If I were to predict where eBay is headed next, I would take a nice long look across Eastern Europe. Although many of the markets are quite small, that is where the growth is.

(Visited 66 times, 1 visits today)