Web Auctions Start-Up Nets Funding for Expansion
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Dropshop, a Munich-based start-up that auctions products on the Internet for those too lazy or perplexed to do it themselves, has raised 9 million euros (&#36;10.9 million) from investors including Benchmark Capital and Index Ventures.
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Vendors who sell their goods on eBay are scratching their heads after the company unveiled a new fee structure in effort to boost listings and maintain its share of the online auction market it helped start a decade ago.
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Online auction site eBay said it has launched its operations in the Philippines.
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The e-commerce company said it continued to grow quickly, but analysts have been closely watching the companyâs auction business for signs of slowing.
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ActiveGrid lands multimillion-dollar funding for plan to use open-source tools, low-cost servers for Web applications.
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A newcomer on the open source scene has received funding to expand operations and develop new product lines.
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Company seeks to bolster its ability to offer business intelligence applications through a Web browser.
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Private equity firms not only are causing the mergers and acquisitions market to expand, but they're also starting to speed up the auction process.
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The auction giant said it would begin selling radio airtime to advertisers, expanding into a business that Google entered last year.
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Ebay launches a new web site that allows people to invest in loans that lift people out of poverty.
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The Internet equipment maker benefited from growing demand for bigger, faster networks that can handle video.
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EBay Inc , the world's largest  online auctioneer and payments company, launched on Wednesday a  Web site allowing ordinary investors to buy securities aimed at  improving conditions in the world's poorest countries.
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Many Internet multimillionaires have chosen to throw themselves back into a start-up, in a competition with themselves and one another.
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Company beefs up online service for shipping business information between firms over the Net.
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JPMorgan is said to be arranging an auction.
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Internet auctioneer eBay Inc. on Monday rolled out a service for U.S. auto dealers intended to drive a tenfold increase in the inventory of cars available for purchase on its Web site.
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The office equipment supplier jumps into the growing market of placing cheap calls over the Net.