First, the good news: eBay has finally decided to go into a business that makes strategic sense (instead of buying random phone companies and social-web-surfing companies). Kijiji's classified ads are highly complementary to the company's core business, and they allow the eBay to use its core expertise of helping people buy and sell stuff. Kijiji US also provides the company with a hedge in case Craigslist and other free listing sites begin to cannibalize its paid eBay listings.
Despite significant online...
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