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eBay Takes On Craigslist

Stock quotes in this article: EBAY , GCI , MNI , YHOO , GOOG  

eBay(EBAY Quote) is ready to play hardball.

Last week's U.S. launch of its local listings service, called Kijiji, puts eBay in a solid position to muscle into a fast-growing market -- and pits the auction giant against Craigslist, the popular classifieds service in which eBay has owned a 25% stake since 2004.

But unlike Craigslist's famously idealistic ways, eBay will make no bones about squeezing a profit out of the space. ...

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