eBay's EBAY Norway's Adevinta is buyingclassified ads business for $9.2 billion to create the world's largest online classifieds company. It tried its hand with the fledgling web in 1995 just months after "Jerry and David's Guide to the World Wide Web" became Yahoo. EBay Classifieds Group got its start 25 years ago — just as CNN Interactive (now CNN.com) went online and eBay was brought to life as AuctionWeb. EBay's classifieds business was first known as DBA,a popular Danish all-classifieds newspaper that started publishing in the 1970s. It tried its hand with the fledgling web in 1995 just months after "Jerry and David's Guide to the World Wide Web" became Yahoo.

Source: CNN July 21, 2020 11:48 UTC