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eBay's big plans for 2005
本文作者： 21ST
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US-BASED eBay plans to put US$100 million into China this year to expand its presence in the e-commerce market, the company announced last Friday.
The California group is seeking to capitalize on China's more than 94 million Internet users and its fast-growing middle class. Its China subsidiary EachNet will benefit most from the investment.
This is obviously good news for EachNet. That's because it needs to compete with two other giants: Taobao, a subsidiary of Chinese B2B (business to business) giant Alibaba.com. And, 1pai.com, the Beijing-based online auction site jointly owned by Yahoo and Sina.
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