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Home / News / St. Charles Business Record / eBay says it lost $110 million to Craigslist’s moves

eBay says it lost $110 million to Craigslist’s moves

eBay Inc., the world's most-visited e-commerce site, said it lost as much as $110 million on its minority stake in Craigslist Inc. after the online-advertising provider took steps to dilute the investment. The 28.4 percent stake fell in value after Craigslist officials pushed in January 2008 to change the San Francisco-based company's stock structure, eBay's lawyers ...

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