eBay, PBL building NZ and Australian auction site

New Zealand and Australian Internet users will get a localised version of eBay's popular online auction site later this year, thanks to a deal between the US company and Kerry Packer's PBL Online. The deal is eBay's first international venture. Specific plans and terms of the agreement have yet to be announced.

Internet auction house eBay has teamed up with Australian company PBL Online to offer a localised version of the US vendor's popular auction service to users in Australia and New Zealand.

Under the terms of the agreement, the two companies later this year will launch a site that is customised for users in Australia and New Zealand.

The partners did not disclose their specific plans nor terms of the agreement. The deal is eBay's first international venture.

Founded in 1995, San Jose, California-based eBay offers person-to-person auctions of more than 1.5 million items including books, computers and dolls. PBL Online is a unit of Kerry Packer's media powerhouse Publishing and Broadcasting, based in Sydney.

EBay can be found on the World Wide Web at www.ebay.com.

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