Monday, January 23, 2006

eBayEachnet vs. Alibaba's - Latest Numbers

From CHINAdaily:

"China online auctioneer TaoBao added 3.9 million users to its service in the fourth quarter from the third while its chief rival, eBay Inc., added 2.8 million, as the pair fought over the fast-growing market.

TaoBao's additions brought its total registered users to 13.9 million, up 38 percent from last year's third quarter, according to data released on Friday by the firm, whose top shareholders include Yahoo Inc. and Japan's Softbank Corp.

It said its gross merchandise value had grown 29 percent in the fourth quarter from the third to $375 million, bringing its total for the year to $982 million.

Online giant eBay's fourth-quarter additions in China brought its total to 17.9 million registered users, representing a 19 percent gain from the previous quarter, the company said in announcing its global results on Thursday in the United States."


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