EBAY » Topics » Rent.com

This excerpt taken from the EBAY 10-K filed Feb 17, 2010.

Rent.com

Rent.com is a leading U.S. listing website in the rental housing industry. The website is designed to bring apartment seekers and landlords together in an efficient manner. Landlords pay a fee to Rent.com for renters who indicate that they have found their apartments through Rent.com.

These excerpts taken from the EBAY 10-K filed Feb 20, 2009.
Rent.com
 
Rent.com is a leading U.S. listing website in the rental housing industry. The website is designed to bring apartment seekers and apartment managers together in an efficient manner. Landlords pay a fee to Rent.com for renters who indicate that they have found their apartments through Rent.com.
 
Rent.com


 



Rent.com is a leading U.S. listing website in the rental
housing industry. The website is designed to bring apartment
seekers and apartment managers together in an efficient manner.
Landlords pay a fee to Rent.com for renters who indicate that
they have found their apartments through Rent.com.


 




These excerpts taken from the EBAY 10-K filed Feb 29, 2008.
Rent.com
 
Rent.com is a leading U.S. listing website in the rental housing industry. The website is designed to bring apartment seekers and apartment managers together in an efficient manner. Landlords pay a fee to Rent.com for renters who indicate that they have found their apartments through Rent.com.
 
Rent.com


 



Rent.com is a leading U.S. listing website in the rental
housing industry. The website is designed to bring apartment
seekers and apartment managers together in an efficient manner.
Landlords pay a fee to Rent.com for renters who indicate that
they have found their apartments through Rent.com.


 




This excerpt taken from the EBAY 10-K filed Feb 28, 2007.
Rent.com
 
On February 23, 2005, we acquired Viva Group, Inc., which does business under the name Rent.com, for a cash purchase price of approximately $415 million plus payments for net cash and investments of approximately $18 million. Rent.com is an Internet listing website in the apartment and rental housing industry. The acquisition better enables our expansion into the online real estate market and is consistent with our strategy of growing our global online marketplaces. The total purchase price recorded was approximately $435 million, including approximately $2 million in estimated acquisition-related expenses. We accounted for the acquisition as a non-


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eBay Inc.
 
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

taxable purchase transaction and, accordingly, the purchase price has been allocated to the tangible and intangible assets acquired and liabilities assumed on the basis of their respective estimated fair values on the acquisition date.
 
The estimated useful economic lives of the identifiable intangible assets acquired in the Rent.com acquisition are six years for the customer list, five years for the trade name, three years for the developed technology and the advertising relationships, and one year for the user base.
 
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