Wednesday, May 31, 2006

Yahoo-eBay War Rages in China

From Red Herring:

"A study released earlier this month by the China Internet Network Information Center (CNNIC) confirms Taobao’s claims to market dominance in China. The study, based on telephone and online surveys of buyers and sellers in Beijing, Shanghai, and Guangzhou, estimates Taobao’s market share at 67.3 percent compared with eBay’s 29.1 percent.

The remaining 3.6 percent goes to PaiPai, a relatively new entrant, which is operated by China’s leading instant messaging provider, Tencent. Market share was calculated based on total reported purchases across China’s three leading auction sites, but didn’t take transaction value into account."

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