eBay to allow China users to set up online stores for free

[xppman]

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".

[bargainbloodhound]

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

[xppman]

Impressive lines for ebay's competitors.
So HAPPY to see ebay NOT doing well.

Now someone pass me a line. Snort snort. JK.
After all it's PARTY time or is IT Peanut Butter Jelly Time?

http://www.ebaumsworld.com/flash/peanutbutter.html

[Kristijntje]

EBay has decided to stop charging sellers a transaction fee on its Chinese Web site, just a few months after lambasting a rival auction site's no-fee strategy.

"'Free' is not a business model," eBay said in an Oct. 19, 2005, statement. Alibaba.com's strategy of not charging a fee from users of its Taobao auction site for three years "speaks volumes about the strength of eBay's business in China," it said.

Now, eBay appears to have changed its tune. Effective from Friday, the company will no longer charge a transaction fee from sellers on its Chinese Web site, according to a notice posted online. EBay executives were not immediately available to comment

Taobao accounted for 57.1 percent of the 8.8 billion renminbi ($1.1 billion) transaction volume of online auctions in China during the first eight months of 2005. By comparison, eBay represented 34.2 percent of the total transaction volume during that period

full article: http://www.infoworld.com/article/06/01/2...ree_1.html

related topics: Sore Loser eBay Falls Further Behind Alibaba's Taobao in China http://community.tuliptools.com/index.ph...802.0.html
eBay/PayPal Agrees to Compensate eBay China Sellers For Any Fraudulent Transactions http://community.tuliptools.com/index.ph...273.0.html