eBay China to Provide Free Services for Cyber Shop Owners
From ShanghaiDaily:
"Online auction house eBay China said yesterday it will provide free services for cyber shop owners starting today. The move aims to compete with rival taobao.com, a subsidiary of Jack Ma's Alibaba.com Inc, which has promised free service until 2008.
EBay China said it will stop charging sellers for establishing online shops but will still charge users for listing products in the shops and collect a commission on completed deals. The Website previously charged users 35 to 500 yuan (US$62) a month for each online shop and 0.20 yuan for each product displayed."
Related:
China's C2C Market Size Doubled by Q3 2005; Taobao Likely to Surpass eBay in 2006
Statement from eBay Regarding Taobao's Pricing Challenge
Chinese Auction War: Taobao.com to be Free of Charge for Three More Years
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