posted on October 9, 2001 08:35:56 PM
Well, it is today's headline on several news sites. Since I can't link to them here, I figure people can go find them.
"More than a year after acquiring Half.com, eBay announced Tuesday that it is folding much of the company's operations into its own--a signal that the auction powerhouse is committed to also offering fixed-priced goods."
Interesting is that...
"While eBay has won the auction wars and clearly dominates the sector, the company is turning its attention to developing a generation of Web storefronts--online outlets where new products can be offered at fixed prices that are often heavily discounted."
So eBay is the UNDISPUTED auction house leader in the entire world. No possible way on earth they can be beaten or have market share taken away. Now it seeks to gain market share in fixed price market.
Okay, Okay, we all knew it was coming and its been happening, but now it is official. Ebay ANNOUNCED it today.
posted on October 9, 2001 08:44:46 PM
topic has already been addressed in another thread by kiawok this morning.....
[ edited by undercovers on Oct 9, 2001 08:46 PM ]
posted on October 9, 2001 08:46:11 PMhttp://dailynews.yahoo.com/h/cn/20011009/tc/ebay_makes_move_for_fixed-price_future_1.html
This is an operational move most likely to save money. It could be the best thing to happen to half or the worst thing to happen to eBay. Either way, they''ve been joined at the hip for awhile, surgically speaking. Now we get to see how this will play out.