EBay to buy Cox Automotive Media Solutions (autotrader & carsguide) to boost eBay Classifieds’ Australian automotive platform
EBay announced plans Thursday to acquire Cox Automotive Media Solutions, which owns two Australian car-buying platforms — an effort to bolster eBay’s automotive strategy in its eBay Classifieds Group.
Cox Automotive owns CarsGuide.com.au and Autotrader.com.au, platforms where users review, buy and sell cars in Australia. The two brands are set to join the Gumtree Australia business, which is part of the eBay Classifieds Group portfolio.
Read on: https://lnkd.in/eGjBJrE
Wow big news in Australia! What does this mean in Canada and US?
Not much in Canada in my opinion as they don’t own similar platforms here and they have an partnership with CarGurus for classifieds.
But Cox owns autotrader.com in the US. Could it be possible? Would Cox also sell autotrader in the US? I’d be very surprised.
Thoughts anyone? 🤔