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eBay Heads for Sweden

Stock quotes in this article: EBAY  

eBay (EBAY Quote) acquired Tradera.com, the leading online auction-style marketplace in Sweden, for $48 million.

San Jose, Calif.-based eBay said the move would help it 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, was launched in April 2005. ...

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