Published on Mon, May 28, 2007 at 08:18 | Source : Moneycontrol.com
Updated at Tue, May 29, 2007 at 09:14
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Buy a company — online
Buying laptops and the latest gadgets from online e-commerce portals is passé. Now you can buy an entire company on online e-commerce portals such as eBay.
Buying laptops and the latest gadgets from online e-commerce portals is passé. Now you can buy an entire company on online e-commerce portals such as eBay.
For instance, a Lucknow-based cellular value added services company is offering to sell up to 25 per cent stake at a minimum rate of Rs 25,000 for a one per cent stake to bidders on ebay.in, the India specific portal (formerly Bazee.com).
The company, which has not revealed its name on the portal, claims to be the fastest growing firm involved in providing services such as push SMS, two-way SMS, bulk SMS and mobile SMS software for the last 7 years.
The company has offered shares to the first 48 highest bidders who are interested in investing in it. "Since the telecom value added services market has a lot of potential, we have decided to expand our business and get in direct competition with other major players which have a backing from international banks and MNCs.
For instance, a Lucknow-based cellular value added services company is offering to sell up to 25 per cent stake at a minimum rate of Rs 25,000 for a one per cent stake to bidders on ebay.in, the India specific portal (formerly Bazee.com). 
