America Online and eBay Expand Relationship.DULLES, Va. & SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--Sept. 2, 1998-- Multi-Year Agreement Makes eBay the Preferred Person-To-Person Online Auction Service on AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. America Online See AOL. , the world's leading Internet online service, and eBay, the leading person-to-person online trading community An online trading community exists to provide its members with a structured method for trading, bartering, or selling goods or services. These communities often have forums and chatrooms designed to facilitate communication between the members. , today announced they have signed a three-year agreement under which AOL will receive guaranteed payments from eBay totaling $12 million. The new alliance will make it easier than ever for AOL members to buy and sell merchandise from one another online. Through the eBay service, AOL members interested in selling items simply post the item for sale in the appropriate category within the eBay area. eBay then facilitates the online auction for that item. Once the auction is complete and the winning bid identified, the winning bidder and the seller contact each other via email to complete the transaction. With eBay's unique service, AOL members can be sure they are getting market value for their merchandise in a safe online community. Likewise, members seeking to buy merchandise can find a wide selection of items in one safe, well-organized and convenient place online. eBay, the world's personal online trading community, will be the exclusive person-to-person auction service in the general merchandise category of the AOL Classifieds area and in several areas of the hobbies section of the AOL Interest channel for a minimum of one year, and is also available at Keyword: eBay. Currently, eBay has more than 600,000 items for auction. As of June 30, 1998, on average, eBay had more than 70,000 items for auction added daily by its more than 850,000 registered users. "More and more our members are realizing the ease and convenience of buying and selling online," said Barry Schuler Barry Martin Schuler (born September 7, 1953 in Jersey City, New Jersey) is American Internet pioneer, perhaps best known for making the Internet easy to use consumers while working for America Online for seven years, and being the CEO for three years. , President of AOL Interactive Services. "Thanks to our expanded relationship with eBay, AOL members now have even easier access to their very own person-to-person trading community, ensuring they get the best possible price for their items, and giving buyers a convenient way to browse and shop." Steve Westly Steven Paul Westly (born August 27, 1957, in Arcadia, California) is an American businessman and politician. He was the State Controller of California from 2003 to 2007 and was one of the top two candidates in the Democratic primary for Governor of California in the 2006 election. , eBay Vice President, Marketing and Business Development added, "eBay is the leading person-to-person online trading community, and AOL is the leading Internet online service. A partnership between the two is a natural synergy. This strengthened alliance will allow AOL members direct access to the greatest amount of choice when buying and selling online. In addition, AOL members will now have the added benefit of knowing they are part of eBay's safe, convenient online community." eBay was founded in September 1995 and has provided its person-to-person auction services on AOL since December 1997. America Online Inc., based in Dulles, is the world's leader in branded interactive services and content. America Online Inc. operates two worldwide Internet online services: America Online, with more than 13 million members; and CompuServe, with approximately 2 million members. America Online Inc. also operates AOL Studios, the world's leading creator of original interactive content. Other branded Internet services operated by America Online Inc. include AOL.COM, the world's most accessed Web site from home; Digital City Inc., the No. 1 branded local content network and community guide on AOL and the Internet; AOL NetFind, AOL's comprehensive guide to the Internet; AOL Instant Messenger See AIM. , an instant messaging Exchanging text messages in real time between two or more people logged into a particular instant messaging (IM) service. Instant messaging is more interactive than e-mail because messages are sent immediately, whereas e-mail messages can be queued up in a mail server for seconds or tool available on both AOL and the Internet; and ICQ ("I Seek You") A conferencing program for the Internet from Mirabilis, Tel Aviv, Israel (www.icq.com). It provides interactive chat, e-mail and file transfer and can alert you when someone on your predefined list has also come online. , an instant communications and chat technology on the Internet. eBay, the world's personal trading community, is headquartered in San Jose, Calif. eBay has created a new market: an efficient, one-to-one trading site in an auction format. Currently, eBay users list items in more than 1,000 categories, including collectibles, antiques, memorabilia mem·o·ra·bil·i·a pl.n. 1. Objects valued for their connection with historical events, culture, or entertainment: posters, publicity photographs, and other movie memorabilia. 2. , trading cards, toys, dolls, coins, stamps, glass, pottery, books and magazines, and jewelry jewelry, personal adornments worn for ornament or utility, to show rank or wealth, or to follow superstitious custom or fashion. The most universal forms of jewelry are the necklace, bracelet, ring, pin, and earring. and gemstones. On average, there are more than 70,000 items added daily. eBay has more than 850,000 registered users.
CONTACT: America Online Inc.
Tom Ziemba, 703/265-328
or
eBay
Kristin Seuell, 408/558-4802
|
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion