Monday, June 20, 2005

USPS, eBay co-brand parcel service

"The U.S. Postal Service and Internet auction site eBay have teamed up to offer a co-branded Priority Mail shipping service. Special boxes with a flat rate of $7.70, regardless of weight or destination, can be used by those who buy or sell items through the eBay Web site, the firms said on Monday. The boxes come in different shapes and sizes and carry logos of both USPS and eBay. "

[CNET]

With Google's entry into ebay's space, (read G-bay / paypal), eBay will have to look for other ways to increase revenue (e.g. acquisition of Shopping.com, Rent.com, Kijiji, and the 25% Craigslist ownership stake). Perhaps an entry into the mobile payment processing arena makes sense for the company?

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