Why does eBay buy foreign auction sites instead of building its own?
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eBay bought several country-specific auction sites like Baazee.com of India and a similar site in Netherlans. Full list can be found here: eBay Acquisitions. While eBay is a web based company, it could have had its own version in all of the countries like india.ebay.com instead of buying its clones for whopping amounts of money. I would be very thankful to u, if u can explain me this peculiar trend.