Yahoo!, eBay to cooperate in U.S. market

SUNNYVALE, Calif., May 25 (UPI) -- Yahoo! and eBay will work together to expand their operations in the United States.

The Internet giant and online auction house will cooperate in search, advertising, online payment and a co-branded toolbar.


"Our consumers will benefit from the combination of Yahoo! and eBay's leading technology and services, providing them with one of the best online experiences," said Terry Semel, chairman and chief executive officer at Yahoo!. "Yahoo! holds a leadership position in all forms of online advertising. This partnership with eBay provides us with a great opportunity to further extend our sponsored search and graphical advertising reach to one of the largest and most active communities on the Web."

The companies will have a joint testing phase over the next few months and will have full implementation of their joint efforts by next year.

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