17th June, 2002
eBay and Regus Team-Up to Provide Cost-effective, Flexible Office Space
Businesses and Entrepreneurs Can Find and Rent Fully Equipped Offices and Meeting Rooms by the Hour, Day, Month or as Long as Necessary
San Jose, CA - June 17, 2002 — eBay Inc.®, (NASDAQ: EBAY; www.ebay.com), The World’s Online Marketplace™, today announced that it will offer access to office space for rent within its real estate marketplace through an agreement with Regus, the leading global operator of business centres.
Business owners can now easily find and secure the right amount of office space perfectly suited for their needs – even single workstations are available. All office space offered by Regus within the marketplace will be featured in ad format rather than as auction-style items and can be found at www.ebayrealestate.com.
“As the percentage of small-to-medium sized businesses continues to grow, services like those provided by Regus will continue to increase in demand,” said Doug Galen, vice president and general manager of eBay Real Estate. “By working with one of the best known brands in the industry, we are helping business owners lower their occupancy costs.”
Within eBay’s real estate marketplace, Regus provides cost-effective office space with flexible lease terms, allowing companies to secure office space when they need for as long as they need it. Each Regus location features a mix of workstations, meeting/conference rooms, Cyber Caf矡nd common areas. All offices feature high-tech communications systems, Internet access and complete IT support. There is no up front capital requirement, and some office space can be had for as little as $8 a day.
“With just a few quick clicks on eBay, users can select office space virtually anywhere in the world,” said Andrea Iavarone, marketing director, Regus. “Regus’ established infrastructure, coupled with our global buying power results in significant cost savings for our clients. In addition, our flexible terms enable companies to perfectly match their workspace needs with their business requirements.”
About eBay Real Estate
eBay Real Estate is the world’s online marketplace for real estate-related properties and services. Launched in August of 2000, eBay Real Estate operates five core categories within its marketplace: residential homes, timeshares, foreclosures, plots of land and commercial real estate. Both individual buyers and sellers and real estate professionals can enjoy a complete offering of services that make purchasing or selling a home safer, easier and more efficient. eBay Real Estate is a business unit of eBay, Inc. and can be found at www.ebayrealestate.com
About Regus
Regus is the leading provider of outsourced offices with more than 410 business centres in 50 countries. With 90,000 workstations Regus’ established infrastructure enables companies to easily match their workforce to business needs. Clients are able to streamline their fixed real estate costs, restructure their portfolio to include a strategic mix of long and short-term property commitments and gain flexibility that will help them successfully manage change. Regus’ complete menu of business services includes telecommunications/IT services, videoconferencing, meeting and training rooms, desktop publishing, administrative and concierge services. |
