eBay Plans Classifieds Buying Spree

The Wall Street Journal is reporting today that eBay plans to scoop up classifieds sites around the globe:

Jacob Aqraou, general manager of eBay’s global classified business, said he expects the company will take over a “fair” number of companies in the next six months or so . . . He said eBay’s strategy was to target classified-ad sites that have leading positions in geographies and industry segments in which eBay doesn’t currently compete . . . Mr. Aqraou pointed to Eastern Europe and Scandinavia as regional priorities, adding that the first in a series of acquisitions could be announced within the next several weeks.

I’m also guessing that mobile classifieds platforms are on the list, especially the EU-based Mobiya. eBay owns a range of classifieds properties in the US and Europe, most notably Kijiji. It owns approximately 25% of Craiglist but the companies are in the middle of litigation over alleged attempts by Craigslist management to dilute eBay’s voting rights.

Another potential eBay acquisition candidate would be Oodle, but given the rationale expressed above — [targets would be in] “geographies and industry segments in which eBay doesn’t currently compete — that’s somewhat less likely.

The claim in the article is that eBay’s combined classifieds properties see 82 million monthly uniques on a global basis. If eBay does make good on its global consolidation plans, it emerges as a bigger “threat” to the newspaper classifieds business than does Craigslist (which has always just been a convenient scapegoat for chronic newspaper issues).

9 Responses to “eBay Plans Classifieds Buying Spree”

  1. Ray Says:

    I wouldn’t be surprised if Ebay purchased Oodle given the latest addition of Myspace, Facebook, Wal-Mart, etc. to Oodle’s list of partners. We syndicate Oodle’s ads on our 200+ Dot-LA City domains in the Greater Los Angeles Area (a.k.a. the Southland). So this type of move by Ebay would certainly be of interest to us.

    Raymond Marshall
    NuMedia Concepts, LLC

  2. Dostie Says:

    no too long before the internet is plagued with classifieds website like google adsense pages. The new classifieds websites are a lot easier to use than ebay’s.I personally like the way http://www.nortad.com/ menu-based ad posting and browsing

  3. eBay Announces Acquisitions, Layoffs « Screenwerk Says:

    […] dominance in online payments (PayPal). And the Denmark classifieds acquisition is consistent with what eBay said several weeks ago it would be doing:  Jacob Aqraou, general manager of eBay’s global classified […]

  4. Amidal Says:

    am just wondering as to the implications of the big names competition on small and medium classifieds sites(and any small online business for that matter) who can be sent to obscurity due to the large budgest deployed by big new players invading their territory . The only salvation i can think of for those small sites is the nature of the classifieds user behavior that resembles that of religion to a great extent-they are stuck in their ways and dont change their religion.Loyalty to craiglist can prove that

  5. eBay Announces Acquisitions, Layoffs | Trip Delivery Says:

    […] dominance in online payments (PayPal). And the Denmark classifieds acquisition is consistent with what eBay said several weeks ago it would be doing:  Jacob Aqraou, general manager of eBay’s global classified […]

  6. Greg Sterling Says:

    Amidal:

    Unless those sites have unique content and/or a loyal following they’re at a massive disadvantage.

  7. Mobiya mentioned as acquisition target for eBay’s buying spree in the classified market : Mobiya Classifieds Says:

    […] Complete article: "eBay Plans Classifieds Buying Spree" […]

  8. ebay misspellings Says:

    eBay has made their move acquiring Craigslist for an undisclosed amount and even with the inception of kijjiji. They are the movers and shakers in the online garage sale industry.

  9. classifieds Says:

    The very next time I read a blog, Hopefully it won’t disappoint me just as much as this one. I mean, Yes, it was my choice to read through, nonetheless I genuinely thought you would have something useful to talk about. All I hear is a bunch of crying about something that you could possibly fix if you weren’t too busy seeking attention.

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