eBay Buys German Private Sales Website Brands4Friends

Posted Dec 22, 2010

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]