EBay.com Said will Develop China Foreign Trade Business

Added: (Fri Nov 13 2009)

Pressbox (Press Release) - News from Sina tech, eBay.com CEO John Donahoe said on Tuesday, eBay.com will focus on developing the users hoping imports from China, and plan to cooperate with Chinese enterprises to expand market.

John Donahoe issued the above speech while accepting an interview of bloomberg television on Tuesday. He said: "we have decided to focus on China¡¯s cross-border and export trade business a few years ago", "local enterprise has some advantages, so we will establish cooperation relationship with local enterprises in short-term time."

As an e-commerce website with the America's most visit capacity, and this year America¡¯s sales began after the slowdown, eBay.com is trying to develop international market. Ebay.com announced in April this year, eBay.com would acquire Korean auction website GMarket to expand the Asian market. Also, eBay.com expressed that Asia is one of the market with most rapid growth of its online payment business PayPal.

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