It has been confirmed by Milo, eBay buys for $75 Million!

eBay is acquiring shopping site, the reports around say that eBay is forking over $75 million for the popular search engine. These two different companies don’t very well together because eBay is mostly an auction site and is a shopping search engine that lets you find out what’s in stock at local stores.

eBay owns, so they will most likely utilize’s search engine and make use of

Beyond being a shopping search engine, is in the same boat as Groupon. Milo is an asset to small retailers to market online without having to build a Web site.

eBay’s Red Laser mobile app, which allows people to take pictures of bar codes and get price comparisons, might gain benefit from this new purchase.