I don't think it's real. My guess is that back in 199* an eBay official registered the domain, then in 2005 (now) they "bought" it from themselves, and got a tax deduction for it.
I have a funny feeling this is going to become a very popular website. I think it may become the next eBay or maby they have plans for something else? Who knows??
I wouldn't be suprised if it's true. It would account for them raising the month Store rates from $9 to $15... and change. What other company gets away with a ... 65%+/- hike in rates?? I closed my store!
yes, ebay has a turnover of something like $7.2 billion but at the moment only a small amount of profit probably because they are reinvesting so much which shows that they are to become alot bigger.