Online auction house eBay, determined to make its name in the European market, has acquired Alando.de, Germany's largest Internet trading company.
eBay will take over the running of Alando.de, which has 50,000 registered members and more than 80,000 items listed in 500 categories. The exact size of the deal has not been disclosed.
Pierre Omidyar, eBay's founder and chairman, said: "The acquisition of Alando.de will accelerate eBay's vision of creating a passionate, vibrant and loyal global trading community and we look forward to building an outstanding site for Germany's 10 million Internet users."
Later this year Alando.de will change its name to eBay.de. eBay has more than 3.8 million registered users and lists 2.2 million items for sale in 1,600 categories. More than 250,000 items are added daily.
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