06-30-2006, 07:36 AM
Yahoo Auctions (431,235 listings) is number 1 by a large margin over also-ran eBay (92,000 listings) in Singapore and as a result FREE is a business model for eBay in Singapore: free listings, free eBay stores, no FVF fees
full article: http://www.channelnewsasia.com/stories/s...81/1/.html
Quote: According to a new research study conducted by ACNielsen, nearly 4,400 Singaporeans like him are ditching the typical nine-to-five office jobs and depending solely on eBay as their primary or secondary source of income.
Another 9,729 Singaporeans also look to eBay to help supplement their regular salaries, selling anything from clothes and shoes to accessories and watches...
Quote:Professional sellers can now choose to set up an eBay store to showcase their products and build their own brand on the site. Buyers can also look forward to their own "My eBay" page which centralises all their buying activities.
Even with extra features such as these, buyers and sellers here still do not have to fork out a single cent to transact online, unlike their counterparts in countries like the United States and Australia.
And eBay has no plans to change that as they "want to leave the marketplace free in order to create that vibrancy".
full article: http://www.channelnewsasia.com/stories/s...81/1/.html