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Posted on December 10, 2009 | tags

   

Tech: eBay’s reason for wanting a piece of Craigslist? To block Google.

  • The deal hasn’t exactly been roses for them since. In the midst of a law­suit with the free, indifferent-towards-money clas­si­fied ser­vice, a top exec admit­ted this was part of the rea­son for acqui­si­tion. How­ever, they also noted that another suitor was inter­ested – but they were appar­ently hos­tile to Craigslist’s mis­sion. eBay is run by idiots, appar­ently, because they launched a direct com­peti­tor to Craigslist, Kijiji, which suf­fers from the triple-threat of 1) being some­thing nobody has ever heard of (with a con­fus­ing name to boot), 2) ruin­ing cur­rent busi­ness deals and 3) being an also-ran in the mar­ket the com­pany tech­ni­cally already owns. Bril­liant! source
 
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