EBay's GiftsNearby Taps Into Last-Minute Offline Shopping

EBay has launched an offshoot of its main site called GiftsNearby, which helps holiday shoppers pick up last-minute presents based on local inventory. In particular, a special relationship was formed with Best Buy that lets users pay for products online and then pick them up at the store. For eBay, it extends the shopping season beyond limitations of the post office. The service leverages information from Milo.com, a company eBay acquired earlier this month.

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