eBay buys Shopping.com for $620 million

by greg on June 1, 2005

According to the Wall Street Journal. Wow. The details are behind a subscription wall, but right now their current ‘What’s News‘ page says

EBay agreed to acquire Shopping.com, an online shopping-comparison site, for about $620 million in cash, in a bid to boost its slowing growth rate.

I wonder if eBay will continue to do business with other comparison shopping sites?

UPDATE: Here’s the press release from Shopping.com.

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