eBay Buys Denmark’s DBA for $380 million

Posted by admin
October 7, 2008

Reports are coming out of Denmark that eBay has acquired the company that runs DBA, the “eBay of Denmark” for 2.1 billion Kroner, or about $383 million

DBA, founded in 1995, attracts around a million visitors a month, and is a top ten Danish website. 275,000 new listings are added each month, according to its website.

The site is owned by Blue Avis, founded in 1981, which is a free newspaper with a circulation of around 500,000 per week. The company has 225 employees.

Update: More news -Ebay has also acquired BillMeLater, and announced 10% layoffs.

source: Techcrunch.com
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