eBay Buys German Private Sales Website Brands4Friends

eBay Inc. (NASDAQ:EBAY) has acquired German private sales fashion shopping website Brands4Friends for $200 million (€150 million). Brands4friends started in 2007 and received investments from Mangrove Capital Partners and Partech. Through the acquisition, eBay now has ownership of SecretSales.com and brands4friends.jp. The acquisition was all-cash. [TechCrunch Europe]

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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