January 10, 2007 | 04:10PM PST/PT

| Bill Cobb |
Hi everyone – Bill Cobb here to share some exciting news with you. eBay just announced our plan to acquire StubHub, a leading online tickets marketplace with a best-in-class customer experience.
Online tickets is a business that's perfectly suited to eBay – it's all about passionate fans, buying and selling tickets for their favorite teams, entertainment and events. And StubHub is the perfect complement to eBay's large Tickets category business – there's little overlap between StubHub's users and eBay's, and each has expertise to share with the other.
We'll keep you posted on our plans for StubHub in the months to come.
Sincerely,
Bill Cobb
President
Marketplaces North America
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