Quote:Is eBay Losing China?
...Could Taobao be doing to eBay in China what Yahoo! did to eBay in Japan?
I sure HOPE so.
Anything that will get the BIG players to see Meg and team as a failure
with many of these new ventures could lead to a
FORCED changing of the guard.
IMO...
That would be the BEST and only "enhancement" ebay could ever make.
That is...If they ever wish to turn around and "revitalize" ebay US
and truly bring back the "vibrancy".
Taobao is no longer eBay's only problem in China. China's largest instant messaging company Tencent (which has 170 million ACTIVE users) opened up an auction site this fall. The red line on this traffic chart is eBay China...notice the blue line (Tencent's new
www.PaiPai.com auction site) rapidly rising towards eBay China
http://www.alexa.com/data/details/traffic_details?&range=6m&size=large&compare_sites=ebay.com.cn&y=t&url=paipai.com
Here's a traffic chart comparing eBay China (red line) and market leader Taobao (blue line)
http://www.alexa.com/data/details/traffic_details?&range=6m&size=large&compare_sites=ebay.com.cn&y=r&url=taobao.com