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04/05/2001 Archived Entry: "EBay storefronts to challenge Amazon, Yahoo"

News: EBay storefronts to challenge Amazon, Yahoo
For eBay, auctions are just the beginning. The company will soon move on a new leg of its strategy to become the Internet's dominant commerce company with eBay Storefronts - an e-commerce hosting service for businesses that want to set up standard online stores to sell products with fixed prices in addition to auction-based listings.
An executive with knowledge of eBay's plans said the launch of eBay Storefronts is about two or three months away. Meg Whitman, eBay's president and CEO, has made the storefront project a "top priority" for the company, according to the source. And it's a central part of eBay's long-term goal to rival Amazon.com and Yahoo! as the biggest Internet commerce company in the world.