Aug 13, 2004

eBay Acquires 'Interest' in Craigslist

Here's the press release: Aug. 13, 2004--eBay, The World's Online Marketplace (Nasdaq:EBAY) (, and craigslist, an online community featuring classifieds and forums (, announced today that eBay has acquired a preexisting minority ownership interest in craigslist of approximately 25%. The resulting relationship will allow eBay and craigslist to share expertise, resources, and creativity on behalf of online communities everywhere."