Tuesday, March 29, 2011

EBay to Buy GSI Commerce - WSJ.com

In other Amazon-related developments…  Check the article link below for more on the expanding Amazon/eBay competitive landscape

EBay Inc., seeking to tip the balance of power in the surging Internet retail industry, is making a $2.4 billion acquisition that will intensify its rivalry with Amazon.com Inc.

The online auction pioneer is buying e-commerce service company GSI Commerce Inc., extending its reach into several businesses that have helped Amazon build its product selection and win customer loyalty. GSI, like Amazon, has the infrastructure in place to help merchants of all sizes conduct e-commerce.

A handy summary table:

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EBay to Buy GSI Commerce - WSJ.com

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