87 206
Fashion Jobs
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · CLERMONT
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · DACULA
KOHLS
Technical Project Manager, Remote
Permanent · MENOMONEE FALLS
NAVY EXCHANGE
Vending Operations Clerk PT
Permanent · FALLON
NAVY EXCHANGE
Director, Facility Design %26 Construction
Permanent · VIRGINIA BEACH
NAVY EXCHANGE
Buyer (Level i And Level II) - Various Categories
Permanent · VIRGINIA BEACH
SPECIALIZED
Brand Development Manager - Michigan
Permanent · LANSING
ECCO
Third Keyholder
Permanent · ELIZABETH
ECCO
Third Keyholder
Permanent · LAS VEGAS
ECCO
Sales Manager - National Accounts (Remote)
Permanent · LONDONDERRY
ECCO
Third Keyholder
Permanent · ROSEMONT
LULULEMON
Community Specialist | Summit, Springfield Ave
Permanent · SUMMIT
LULULEMON
Expeditor | Cherry Creek
Permanent · DENVER
LULULEMON
Community Specialist | Friendly Center
Permanent · GREENSBORO
NORDSTROM
Customer Service Representative - Hillsdale Shopping Center
Permanent · SAN MATEO
NORDSTROM
Retail Stock - Mercer Mall Rack
Permanent · LAWRENCE TOWNSHIP
NORDSTROM
Manager- Service Experience- Baton Rouge Mall Rack
Permanent · BATON ROUGE
NORDSTROM
Retail Stock - Sugar House Rack
Permanent · SALT LAKE CITY
NORDSTROM
Asset Protection - Agent - Aventura
Permanent · AVENTURA
NORDSTROM
Retail Stock - Northwoods Rack
Permanent · SAN ANTONIO
NEIMAN MARCUS
Business Manager Tom Ford, Beauty (PT, 35 Hours) - FT. Worth
Permanent · FORT WORTH
NEIMAN MARCUS
Sales Manager, Designer Rtw
Permanent · CORAL GABLES
By
Reuters
Published
Dec 3, 2010
Reading time
2 minutes
Download
Download the article
Print
Text size

Ebay buys local shopping site Milo

By
Reuters
Published
Dec 3, 2010

Dec 2 - EBay Inc has acquired shopping engine Milo.com, underscoring the growing allure of local services even as fellow Internet giant Google ponders buying discount coupon site Groupon.

eBay
Shares in eBay rose over 2 percent

EBay, whose marketplaces site connects buyers with sellers of a vast array of goods, said on Thursday it planned to integrate Milo's local product feeds onto its own site, as well as its mobile applications.

Milo lets users see in real time whether goods they seek are available in neighborhood stores. The company has more than 140 retail partners, including 90 small and medium-sized businesses, making up about 50,000 stores across the country.

"Milo's mission is to bring every product, on every shelf, of every store in the physical world onto the Internet," Palo Alto-based Milo says on its website.

Companies like Google and eBay are keen to gain a window into the fast-growing local market, while brick-and-mortar retailers are anxious to lure more shoppers to their stores in the face of intense competition from online retailers.

eBay's announcement comes as online retailer Amazon.com is reportedly in advanced talks to invest in LivingSocial, Groupon's closest rival. Both fast-growing discount sites offer daily deals based on geographical location.

Rather than competing with brick-and-mortar retailers as top online seller Amazon.com does, Milo works in conjunction with them to deliver shoppers to their doors.

EBay's acquisition -- terms of which were not disclosed -- comes as Google is in the midst of negotiations to buy local coupon site Groupon, according to sources. Reports peg a potential deal as being worth up to $6 billion.

EBay, which also owns Web payments unit PayPal, said the acquisition was not expected to have a material impact on its previously-issued financial outlook.

Shares of eBay rose 2.4 percent to $29.95 on the Nasdaq.

© Thomson Reuters 2024 All rights reserved.