Home / ebay / Jumbuck Seizes on eBay Australia Unrest with Acquisition of OZtion (AuctionBytes)

Jumbuck Seizes on eBay Australia Unrest with Acquisition of OZtion (AuctionBytes)

eBay’s rival in Australia is being acquired by Melbourne-based Jumbuck Entertainment. The move comes as eBay users in Australia protest the company’s move toward a PayPal-only model. Auction site OZtion has seen a 50 percent increase in sales and said 28,000 new members have joined in the past 6 weeks since eBay’s announcement, for a total of 275,000 members.

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