Home / ebay / eBay CEO Concedes Chinese Market, Focuses on Exports, PayPal

eBay CEO Concedes Chinese Market, Focuses on Exports, PayPal

eBay CEO John Donahoe conceded the domestic China market (again) to Alibaba today and said eBay would instead focus on the Chinese export market. Marketwatch said Donahoe called Alibaba not a competitor, but a “colleague and potential partner.” eBay has also been also eyeing the global opportunity for PayPal, which it has said would outpace eBay in a few years.

More: continued here

About admin

Check Also

This Year’s ‘Power Lunch’ With Warren Buffett Sold For $3.3M on eBay – Observer

Observer This Year's 'Power Lunch' With Warren Buffett Sold For $3.3M on eBayObserverAn anonymous buyer …

Leave a Reply

Your email address will not be published. Required fields are marked *