eBay Acquires Dutch Classifieds Publisher

  • November 11, 2004
eBay Thursday acquired Netherlands-based classified listings publisher Marktplaats.nl, for $290 million cash. The company said it doesn't expect the acquisition to impact sales this year or next, nor does eBay expect the deal to affect the financial guidance it issued in October. Marktplaats.nl currently has one million listings on a number of items, ranging from clothing and collectibles to cars. Business-to-consumer commerce in the Netherlands is estimated to reach $5 billion this year, and then triple to more than $15 billion in 2007, according to IDC.
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