We have heard of eBay forming secret alliances in a major bid to prevent Google from grabbing eBay's marketshare in the online payment and classifieds business.

The intentions of eBay go public today with eBay announcing an instant-purchasing service called eBay Express that aims to take on Google Base. Sellers would be required to accept Paypal. eBay has also reduced the insertions fees though fees for eBay stores remain the same.

Listing that would qualify for the new site, such as Store and Fixed Price items, would be cross promoted on both eBay and eBay Express.

To be included on the new site, a seller would need to have 98 percent positive feedback or better, as well as a feedback score of 100 or better.