09-25-2006, 08:55 AM
eBay China CEO Martin Wu, who last October said "free is not a business model" and 2 months later made FREE his business model, has resigned. He will be replaced by Liao Guangyu who is currently the GM of PayPal China.
article: http://www.chinatechnews.com/index.php?action=show&type=news&id=4458
eBay China/Taobao thread from October 2005: http://community.tuliptools.com/index.ph...802.0.html
article: http://www.chinatechnews.com/index.php?action=show&type=news&id=4458
Martin Wu, October 2005 :happy001: Wrote:"Free" is not a business model. It speaks volumes about the strength of eBay's business in China that Taobao today announced that it is unable to charge for its products for the next three years.
eBay China/Taobao thread from October 2005: http://community.tuliptools.com/index.ph...802.0.html