Jumbuck to buy Oztion
JUMBUCK Entertainment has seized on the opportunity created by disgruntled eBay users to expand its web business with a planned acquisition of Australian online auction house Oztion.
Start-up hopes to outdo eBay with online market
Wigix Chief Executive James Chong is nothing if not ambitious: he thinks he’s got the recipe for an Internet marketplace that will rival eBay.
Chong, who was the architect of Charles Schwab’s online trading platform, believes eBay’s design is best suited to auctions of collectible, one-off items. But for those buying Sony PlayStations, digital cameras, or other mass-manufactured items, he thinks Wigix–”Want It Got It Exchange”–has the better approach.
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