QXL buys out the opposition

By silicon.com, 11 August 1999 17:58

NEWS QXL.com has announced the acquisition of two online person-to-person auction sites. The online auctioneers paid an undisclosed sum for the recently merged Humpty Dumpty and eSwap sites in a move which is expected to consolidate QXL's foothold on the market. Reports claims that the buy out could encourage other companies - such as Amazon.com, eBay and Freeserve PLC - to find ways to enter Europe's online auction market.

Post your comment

In order to post a comment you need to be registered and logged in.

Log in or create your silicon.com account below

Will not be displayed with your comment

By signing up for this service, you indicate that you agree to our Terms and Conditions and have read and understood our Privacy Policy.

Questions about membership? Find the answers in the Membership FAQ