Via CNet: *Craigslist, the pioneering online classified Web site, is facing a large new competitor, one that has accumulated insider knowledge of Craigslist's business.On Friday, eBay's online classified service, Kijiji, made its U.S. debut. For the past two years, Kijiji has operated overseas but is now available in about 220 U.S. cities, said eBay spokesman Hani Durzy. The auctioneer is up against an Internet icon in the privately held Craigslist. The 21-employee company operates on a shoestring budget, is well-entrenched in every major U.S. city and founder Craig Newmark is beloved by users for his reluctance to commercialize the site.
But eBay enjoys an unusual advantage. For three years, executives at eBay have been allowed to peer deep into Craigslist's operations. Since 2004, the year eBay bought a 25 percent stake in the San Francisco-based Craigslist from a former employee, the auction site has held a seat on the company's board of directors.*
Read the rest of the article here. Follow this link to check out Kijiji.
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