Thursday, October 27, 2005

Google Classifieds?

Google continues to surprise the market with its innovation and continuous product launch. It has created a veritable industry of Google watchers guessing its next moves. The latest rumor is about Google base.

Stories are floating around on the net about the Google's impending foray in to classifieds business. A British programmer accidentally found this site (base.google.com) which has since been brought down.

This is interesting as this not only opens up new revenue stream but also brings in new competition as well. A classifieds business would put Google in direct competition with eBay, cragislist and the print media.

One quick search in Google for Google base brought over 236K items.

There are even some screen shots of Google base on flickr.

Google is spreading its wings across many areas and inviting lot of competition and the list seems to be growing. So far it has been mainly Microsoft, Yahoo and AOL and with this Google Base, it is now adding several more to the list..

Google's continuous innovation and foray into new areas is definitely welcome. But, can it sustain this kind of growth? Google's stock price has more than tripled in the last 14 months. Is this real?

What do you think?