Tuesday, June 22

It's Time for Ebay to take the Bazee

Internet auction major Ebay.com is all set to aquire the local internet auction big-shot Bazee.com. The valuation of the deal is not known right now, but according to the latest news Baazee.com promoted by media group Star and ICICI Bank , expects to break-even in the current financial year. Baazee.com was initially promoted by two Harvard graduates & first-time entrepreurs Avnish Bajaj and Suvir Sujan. Mr Sujan left the company for sometime and then returned to become the co-CEO