Parting is such sweet sorrow: eBay sells fat stake in Shakespeare-crazed Craigslist

Web tat bazaar eBay is selling its 28.4 per cent stake in Craigslist, and is dropping its legal action against the classified ads site. eBay bought its stake in Craigslist back in 2004 for $32m. It was an odd move – Craigslist is a very strange company by eBay's standards, deliberately keeping revenues low due to the personal …

[Anonymous Coward]

eBay - why?

I would have been interested in any further insights available as to why the classifieds group part of the eBay multinational, given they had the resources to set up a global family of eleven of its own brands including Kijiji and Gumtree, might have seen any pressing need to bother playing the games described, including infiltration or the AdWords trick.

[InfiniteApathy]

Re: eBay - why?

Sometimes people are dicks.

[Anonymous Coward]

Had eBay been a foreign company...

.. would the conclusion to the trade investigation been kept private? Methinks there would have been a fanfare of jingoistic allegations and indictments...

[akeane]

Are they putting it...

... on eBay?