Ebay has recently launched new classified ad websites, known as Kijiji in several cities worldwide. Ebay has also recently purchased some classified ad websites to use with Kijiji that were already popular in some countries. Back in August Ebay bought 25% of Craigslist, which is the U.S.’s biggest classified Ad site. Last month Ebay also bought Rent.com, an apartment and housing rental site for $415 million.
So far they are not planning on charging fees for posting ads, atleast for the near future. "We look at it as a long-term investment. We may decide to monetize
some aspects of it down the road, but now there are no plans," said
eBay spokesman Hani Durzy.
Oh and if you didn’t know already – Ebay purchased Paypal a few years
back. Paypal is the Internet’s most trusted money & auction payment
system. Unfortunately the day that happenned is the day Paypal started
going downhill for sellers (Paypal Sucks).
This whole pattern seems like a well planned Monopoly to me. At this
rate Ebay now controls most of the world’s classified ad sites, as well
as the revenue, potential, and great power that comes with these sites.
Maybe Ebay and Microsoft are cousins…

