eBay Acquires Sweden's Tradera.com
San Jose, Calif. and Stockholm, Sweden, April 24, 2006 eBay
(Nasdaq: EBAY) today announced that it has acquired Tradera.com,
the leading online auction-style marketplace in Sweden. Together,
the companies plan to expand online trading in Sweden and bring
more opportunities to Swedish buyers and sellers.
Launched in 1999, Tradera.com enables auction-style trading for
buyers and sellers throughout Sweden. Tradera.com has more than
750,000 listings at any given time and offers a venue where buyers
and sellers can trade across an array of categories, from
collectibles and
home decor to
antiques and electronics. eBay
Sweden, focused on both auction-style and fixed-price trading,
launched in April 2005.
Financial In Market "Tradera.com has built an impressive business in Sweden," said
Philipp Justus, senior vice president and general manager of eBay
Europe. "An e-commerce pioneer with a strong community focus,
Tradera is a natural fit with eBay."
If you have a dispute with another eBay member, Try communicating directly with your trading partner. Reach out to your trading partner by email or phone. You can email your trading partner through the eBay site. You can also request your trading partner's phone number by requesting their contact information. Addressing the problem right away prevents the issue from becoming more complex, which is harder to resolve.
Oriental Trading "Our partnership with eBay validates Tradera.com's success and
position in the industry," said Jonas Nordlander, managing director
of Tradera.com. "By joining forces, Tradera and eBay can help
provide Swedish consumers with more opportunities to trade on a
national and international basis."
The eBay Investigations team tries to resolve reported cases of inappropriate trading behavior. eBay will consider the circumstances of an alleged offense and the user's trading record before taking action. Disciplinary action may range from a formal warning up to indefinite suspension of a user's account. However, out of fairness to all users, if a complaint cannot be proven with certainty, eBay will not take action.
Financial Forex Forex Software Increasingly popular among Swedish consumers,
online
shopping is showing strong signs of growth.
Business-to-consumer e-commerce in Sweden reached $4.8 billion in
2005, and that number is expected to grow to $15.7 billion in 2009,
according to IDC's
Internet Commerce Market Model,
January 2006.
About eBay eBay is The World's Online Marketplace. Founded in 1995, eBay created a powerful platform for the sale of goods and services by a passionate community of individuals and businesses. On any given day, there are millions of items across thousands of categories for sale on eBay. eBay enables trade on a local, national and international basis with customized sites in markets around the world. Through an array of services, such as its payment solution provider PayPal, commerce for an ever growing online community.
Trading "We're excited to welcome Tradera.com to the eBay
family," said Fredrik Ahlberg,
managing director of eBay Sweden. "Tradera has helped pave the
way for online trading in Sweden and we believe Tradera can help
us create the best shopping experience for local buyers and
sellers."
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Trading Financial System EBay has acquired all equity securities of Tradera.com for
approximately 365 million Swedish Kronor, plus acquisition costs
and an adjustment for net cash acquired. Based on an April 21, 2006
exchange rate of SEK7.56 to US$1.00, the net purchase amount
approximates US$48 million. eBay does not expect the acquisition to
have a material impact on its financial guidance as issued in
connection with its first quarter earnings release on April 19,
2006.
Genealogy on eBay I am a fan of eBay in general. I have gotten many hard to find Native American items on eBay. But one of the best uses for a genealogist is to acquire objects that connect you to your own past. Stories abound of people who have found diaries from their family and family bibles on eBay. These are treasures that are very missed and it's good they have a way of getting home. One item you can find a lot of on eBay is Civil War Memorabilia. From buttons to uniforms to letters and diaries you'll see quite a selection. If you purchase any of the letters or diaries consider putting them online for two reasons. Number one the stories are of immeasurable value to everyone. Second, you might just find their home.
Day Trading Tradera's investors include Provider Funds and TIME Vision bpart
AB.
Forex Financial Trading The About Tradera.com
Tradera.com was founded in 1999 and has grown to become the
leading online auction site in Sweden. Tradera.com offers a
marketplace for auctions including everything from collector's
items such as watches and jewelry, to consumer goods such as
computers, electronics and leisure gear.
Fortune Make Option Trading About eBay
Founded in 1995, eBay created a powerful platform for the sale of
goods and services by a passionate community of individuals and
businesses. On any given day, there are millions of items across
thousands of categories for sale on eBay. eBay enables trade on a
local, national and international basis with customized sites in
markets around the world.
Science Of Financial Market Source: eBay
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