Wednesday, April 20, 2005

EBay Looks to China for Growth

From BusinessWeek: EBay Looks to China for Growth

"EBay added more new users in China than from any other country, and it‘s now the No. 1 e-commerce company there. Whitman said eBay would debut PayPal in China soon, and it is already promoting an escrow payment service similar to one in South Korea." Read more

China Net Investor: eBay is planning to spend upward of $100 million in China this year to capture the high ground against local competitor TaoBao (Alibaba).

Read more:
Ebay Aims to Conquer China
Putting a value on China's Alibaba
Report On China's B2B, B2C and C2C Giant Alibaba


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