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eBay decided to keep open. So what was all that hassle for? Thousands of sellers spent days to figure out how to transfer their inventory and listings to other sites including eBay. Then they dedice to keep open, this is a very immature move by eBay management. Here's an article about;

eBay will keep subsidiary open

SAN JOSE, Calif. -- EBay Inc. announced Thursday that it will keep its subsidiary open indefinitely, scrapping previous plans to shutter the E-Commerce site in mid-October.

EBay spokesman Hani Durzy said executives decided to keep open because it still generates revenue and brings customers to eBay. EBay does not break out traffic or revenue data specific to, but Durzy said that nearly half of all eBay listings for books, music, video and games come from sellers.

" has continued to grow more than we anticipated," Durzy said. "Our first priority being to the marketplace, we recognized that frankly the best thing to do was to keep both platforms open."

The San Jose-based online auction company purchased in a June 2000 stock swap. Some of's 65 employees in suburban Philadelphia may relocate to eBay's San Jose headquarters by the end of the year, or they will be eligible for severance packages.

Founded in October 1999, sells previously owned products such as books, DVDs and board games for at least half the retail price. The Plymouth Meeting, Penn.-based subsidiary is best known for a wacky marketing ploy launched near the peak of the dot-com bubble in May 2000, when the company said it would donate funds to a city that named itself in its honor.

Halfway, a small town in Oregon, changed its name to to promote that online retailer of books, CDs and movies in exchange for 20 computers for its elementary school and money to spur economic development. Despite complaints from many residents who thought it to be a silly marketing gimmick, the city erected a sign that said, "Welcome to Oregon, America's first dot-com city." is also the subject of a festering lawsuit.

Earlier this year, jurors ruled that the eBay division violated patents filed by Thomas G. Woolston, an entrepreneur who founded an E-Commerce company called MercExchange in Great Falls, Va. In May, a federal jury awarded Woolston $35 million, and patent experts said the ruling could force eBay to close EBay appealed, and the case is still in the courts.


Posted on Sunday, September 26, 2004 4:26 PM Auction | Back to top

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