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eBays Kijiji Acquires Classifieds Web Sites

eBays Kijiji Acquires Classifieds Web Sites

San Jose, CA, May 18, 2005 Kijiji, eBays (Nasdaq: EBAY) international classifieds group, today announced that it has acquired Gumtree.com (www.gumtree.com) and LoQUo.com (www.loquo.com), two separate classifieds Web sites operating in select international cities. The acquisitions help Kijiji expand its global network of Web sites, and allow Gumtree and LoQUo to further scale their businesses with the resources and expertise of Kijiji and eBay.
Gumtree.com, founded in London in 2000 by Michael Pennington and Simon Crookall, is a leading local classifieds site in the United Kingdom. A popular online community center for apartment rentals, employment, and goods and services, Gumtree offers multiple city sites in a number of countries including the United Kingdom, Australia, New Zealand, and South Africa.

Online Stock Market Trading LoQUo.com, founded in Barcelona in 2002 by Ubaldo Huerta, is a leading communityfocused classifieds site in Spain. A local online meeting place, LoQUo specializes in housing, personals, employment, jobs and practical items for sale. LoQUo offers multiple city sites in Spain and other European countries.

In 2005 we became part of the Kijiji family within eBay. Both Gumtree and Kijiji revolve around thriving online communities and so we hope to learn a lot from each other. Kijiji, which means "village" in Swahili, is a group of community classifieds websites similar to us found in more than 90 cities around the world.

Stock Investing Course Gumtree and LoQUo are key classifieds sites in the UK and Spain, respectively, and we are pleased to have them in the Kijiji family, said Alex Kazim, senior vice president of new ventures at eBay, responsible for Kijiji. This is an important step forward in our strategy to expand our global portfolio of Web sites.

Web Hosting Noah Classifieds Business solutions Noah Classifieds Description With Noah Classifieds, you will be able to easily create a system of classified ads on your website. Managing many levels of categories and sub categories, Noah allows any member of the site to post an ad. It will be up to you to determine the presentation of the classified ads. A statistics interface is also available. It specifies which ads are consulted or replied to the most.

Stock Market Game EBay does not expect either acquisition to have a material impact on 2005 net revenues and earnings per share, and does not expect either acquisition to affect eBays financial guidance as issued in connection with its first quarter earnings announcement on April 20, 2005.

But a Wall Street Journal story that appears on the Batteries Plus Web site says franchisees can expect a minimum investment of $176, 845 and a maximum outlay of $327, 385 to get stores up and running. These figures do not include the cost of acquiring real estate.

Stock Investing Game Further terms of the agreements were not disclosed.

In recent years, the company has focused its efforts on delivering Wiley's deep reservoir of " have" content to global communities of interest. The company has formed many collaborative relationships in order to further this objective; Wall Street Journal, CNBC, Ernst & Young, and, among others. In 2005, Wiley acquired the Sybex brand, trademarks, bestselling titles, and the Sybex.com Web site.

Journal Prime Rate Street Wall About Kijiji

In recent years, the company has focused its efforts on delivering Wiley's deep reservoir of " have" content to global communities of interest. The company has formed many collaborative relationships in order to further this objective; Wall Street Journal, CNBC, Ernst & Young, and, among others. In 2003, Wiley acquired the Wrox Press brand and trademarks, many of its bestselling titles, and the Wrox.com Web sites.

Stock Market News Kijiji, which means village in Swahili, is a group of classifieds-style Web sites that offer a convenient, fun, and easy-to-use way for people in the same city to meet, share ideas, trade goods, and help one another out in a range of areas such as housing, jobs, and personals. Kijiji is currently available in more than 90 cities in Austria, Canada, China, France, Germany, Italy, Japan, Switzerland, and Taiwan. It is a start-up within eBay created by a small team of entrepreneurial employees.

Stock Investing Basics About Gumtree.com

Stock Investing Software Launched in March 2000 and based in the United Kingdom, Gumtree.com is a community-based Web site that enables users to chat, find jobs, make friends, find accommodations or buy and sell a range of goods. Gumtree is available in multiple cities in a number of countries including the United Kingdom, Australia, New Zealand, and South Africa.

Stock Market Trading About LoQUo.com

Stock Investing For Dummy Launched in September 2002 and based in Spain, LoQUo.com is a city-based classifieds Web site ideal for a range of needs, from renting an apartment and getting a job, to selling a car and buying a refrigerator. An online community gathering place, LoQUo is available in multiple cities in Spain and a number of other European countries.

Stock Market Crash Forward-Looking Statements

Stock Investing Tip This announcement contains forward-looking statements regarding the expected impact of the acquisitions of Gumtree.com and LoQUo.com on eBay's financial results. Those statements involve risks and uncertainties, and actual results could differ materially from those discussed. Factors that could cause or contribute to such differences include, but are not limited to, the reaction of users of Gumtrees and LoQUos services and users of eBay's services, the future growth of Gumtrees and LoQUos services, and the reaction of competitors to the acquisitions. More information about potential factors which could affect eBay's business and financial results is included in eBay's recently filed Quarterly Report on Form 10-Q. All forward-looking statements are based on information available to eBay on the date hereof, and eBay assumes no obligation to update such statements.

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