As eBay returns to China, it may be onto something


  • TECH
  • Thursday, 23 Feb 2017

EBay Inc. signage is displayed at the entrance to the company's headquarters in San Jose, California, U.S., on Tuesday, Jan. 24, 2017. Ebay is expected to release earnings figures on January 25. Photographer: David Paul Morris/Bloomberg

About a decade ago, eBay Inc made a legendary retreat from the Chinese auction business in the face of growing local competition. It was a defeat so humiliating that it became a business school case study. 

Since then, however, the Chinese e-commerce market has changed drastically – and so has eBay. As the company makes its return to the mainland, it may be at the forefront of an important trend in online trade. 

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

Russia's Yandex reports Q1 revenue rise as market awaits spin-off news
Japan to levy big fines with new app rules
Inside Big Tech’s underground race to buy AI training data
Facebook scams demand stricter online rules, Japan lawmaker says
A Chinese firm is America’s favourite drone maker – except in Washington
Alphabet, Microsoft shares jump on proof of near-term AI returns
Snap shares jump nearly 30% after Q1 beat
Rescue pup to meme star: The real-life ‘Dogecoin’ dog
Elon Musk is once again richer than Mark Zuckerberg as fortunes reverse
GPS bracelet places 18-year-old at the scene of 11 different break-ins, US cops say

Others Also Read