Ebay buys a 25% stake in craigslist.org

Posted by ryan at 04:54 PM in internet , urban . | 2 Comments

Craigslist has been a wonderfully untainted resource of online classifieds for nearly 10 years now. I am afraid those days may be coming to a close as eBay has bought a 25% stake in the site.

The two companies said Friday that the deal will allow them to share "expertise, resources and creativity" on behalf of their online communities. Craigslist lets people post or trade information about jobs, apartments and items for sale in 45 cities.