Colnect expanded its market reach today by acquiring the on-line startup E-Bay, in a move designed to solidify its place atop the collectibles market. The transaction was confirmed on LinkedIn, with Amir Wald taking over immediately as E-Bay's Chairman of the Board and CEO. Although the acquisition is expected to increase traffic to Colnect slightly, the real long-term benefits lie in the potential of using the Colnect brand name to rejuvenate E-Bay's (and several of its subsidiaries) fledgling operations and to eventually turn them into profitable ventures with high traffic.
Now seriously: Linked-In should fix this bug ASAP.
Colnect, Connecting Collectors. Colnect offers revolutionizing services to Collectors the world over. Colnect is available in 63 languages and offers extensive collectible catalogs and the easiest personal collection management and Auto-Matching for deals. Join us today :)
Monday, November 9, 2009
Colnect Finalizes the Acquisition of E-Bay (as confirmed on LinkedIn)
Labels:
collectibles,
colnect,
ebay,
linked in
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Update: after a post on TechCrunch ( http://www.techcrunch.com/2009/11/09/linkedin-related-companies-bug/ ) Linked In removed the ability to add company relations and will probably fix the bug soon enough.
ReplyDeleteeheh
ReplyDeletenice !!
cheers,
matteo