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Friday, December 03, 2004

eBay Malaysia launched

E-Bay - the online auction house from the U, which expands rapidly across the globe, makes its mark in Malaysia with the launch of EBay Malaysia.

It is said in the article that business-to-consumer e-commerce in Malaysia was expected to grow to US$3bil from US$1.1bil over the next three years.


The exciting thing is that while EBay is pretty disruptive to established auction houses, its model allows for the establishment of a lot of different smaller business groups surrounding its own business. In the US$, for example, people established their own auction businesses or identity that generated up to US$10,000 monthly.

(By Asia Business Consulting)