LiveDeal Steps Into Big Leagues

Classifieds provider LiveDeal, which was initially dismissed by some as being unable to compete with Google, Craigslist and eBay, has scored a major coup by partnering with Canadian media giant Torstar Corp. to launch LiveDeal Canada (site not currently available). It immediately becomes Canada's largest online classifieds site.

The company also raised additional financing. Apropos of my previous post (about companies and their end games), CEO Rajesh Navar has said that the company is in this game for the long haul.