New CEO for EBay EachNet

From ChinaKnowledge: EBay EachNet Appoints New CEO

"Ebay EachNet, the company’s auction site in China, has announced that the former Chief Marketing Officer of Microsoft Corp.’s Greater China Region, Wu Shixiong, would be the company’s new CEO. The position has been vacant since Shao Yibo, the former CEO of EBay EachNet, resigned in November last year.

After buying into two Internet media firms, Yahoo China and 1pai.com, Ablibaba.com is turning its attention to EBay EachNet, viewing the company as a strong competitor in the Chinese consumer market. EBay EachNet’s appointment of a new CEO indicates the company’s intention to intensify its position in China’s highly competitive e-commerce environment."

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