eBay Buys Denmark’s DBA for $380 million
Written by on October 6th, 2008 in Uncategorized.
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 (here’s an article in Danish).
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.
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Source: TechCrunch
Original Article: http://feedproxy.google.com/~r/Techcrunch/~3/IF4VuIFLeO8/