Google sees closer ties to eBay despite Yahoo deal
SANTA CLARA, Calif. (Reuters) - Google Inc. Chief Executive Eric Schmidt said on Thursday that the Internet industry benefits from a healthy eBay, and sees closer ties ahead between the online auctioneer and his own company.
“Our relationship with eBay is only going to get closer over the next year or two,” Schmidt predicted during an interview at a Goldman Sachs investor conference in Las Vegas.
The top executive of the world’s leading Web search provider said the alliance between eBay and rival Yahoo Inc. was healthy for the industry and not necessarily a loss to Google.
“The Yahoo-eBay deal is a very good deal and I think all of us benefit from having a stronger eBay,” Schmidt said, adding that: “EBay is one of our largest customers and partners.”
The press was barred from attending the event but the speaker presentations were available via Webcast.
(Additional reporting by Philipp Gollner in San Francisco)
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