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November 21, 2008 9:02:15 PM CST


Kijiji

Kijiji news stories

3 Stories

Craigslist
Feared eBay
Takeover

It diluted auction giant's shares, triggering last week's lawsuit

(Newser) - Why did eBay sue Craigslist last week? Craiglist's fear of a hostile takeover played a role, the New York Times reports. The relationship between the classified ads site and minority shareholder eBay began to sour after eBay launched rival site Kijiji. Craigslist’s directors smelled a takeover in the offing and reorganized their stock to reduce the auction giant’s holding from 28.04% to 24.85%. EBay lost its right to elect a director—and sued. More »

More about:  lawsuit eBay Craigslist classified ads Kijiji

EBay Sues Craigslist as 'Family' Kerfuffle Gets Nasty

Online culture clash heads for court

(Newser) - The uneasy relationship between Craigslist and eBay, its competitor-turned-minority shareholder, has taken a turn for the worse. EBay has filed a lawsuit against Craigslist, accusing the classified ad site of "unfairly" diluting the auction giant's stake in it by 10%, the New York Times reports. Craigslist has fired back, calling eBay "unethical" and accusing it of aiming for a hostile takeover. More »

More about:  eBay Craigslist classified ads Craig Newmark Kijiji

eBay Takes on Craigslist

Online auction giant launches US version of classifieds website

(Newser) - With no fanfare, eBay has launched a challenge to Craigslist, the colossus of the online classified ad market. Kijiji classifieds, which have already been successful abroad, quietly expanded into the US last week. Kijiji knows what it's up against: eBay bought 25% of Craigslist in 2004 to get an inside perspective on the industry, and isn't planning on selling. More »

More about:  Internet eBay online advertising Craigslist online auction Kijiji

3 Stories

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