Yahoo and eBay seal online deal

Published June 6th, 2006


US Auction Info
Internet search engine Yahoo and auctioneer eBay have teamed up in an exclusive online alliance.
Under the deal, Yahoo, the largest internet media firm, will be the exclusive provider of branded advertising on eBay’s site.
In exchange, Yahoo will use eBay’s payment system PayPal, to permit its customers to pay for Yahoo services.
The deal comes as both firms face stiff competition from rival Google, and are seeking new ways to gain market share.

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