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eBay Offloads Rent.com To Sharpen Focus On Payments & Mobile Commerce

eBay is selling off one of its online properties ? Rent.com ? to Primedia, in order to focus on its core e-commerce and payments businesses. Rent.com was acquired by eBay for $400 million in 2004 to get into the online real estate market. Rent.com is one of the largest apartment listing services in the U.S. eBay competes primarily with Amazon and CraigsList.

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