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eBay Launches Instant-Purchase Service

eBay on Monday said it is launching its instant-purchasing service - eBay Express - intended to attract traditional e-commerce shoppers who want to buy immediately rather than bid on online auctions, reports Reuters.

The site went public over the weekend and features 10 million items for sale from the existing base of eBay sellers. The U.S. version of eBay Express is in "preview" to allow eBay Stores affiliate program sellers to test the site and consider listing their products. A German version of the site will be offered in the third quarter.

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