eBay and China - the next biggie is going to enter the country
A one, a two and now three. In a short time span, Google, Microsoft and now, eBay decided that the strong growth in China justifies the risk.
eBay CEO Meg Whitman is quoted as saying that "If we are good and we execute, ultimately China could be eBay's largest local market in a five to 10 year period."
Yahoo is also mentioned in the article - will they be next?
More reasons for the entry? Struggling in their own markets - eBay, and Microsoft are no longer the growth machines they had been earlier. Google and Yahoo will face the same challenges (sorry, but this will happen), sooner or later.
So the battle cry is to better get moving fast.
(By Asia Business Consulting)
eBay CEO Meg Whitman is quoted as saying that "If we are good and we execute, ultimately China could be eBay's largest local market in a five to 10 year period."
Yahoo is also mentioned in the article - will they be next?
More reasons for the entry? Struggling in their own markets - eBay, and Microsoft are no longer the growth machines they had been earlier. Google and Yahoo will face the same challenges (sorry, but this will happen), sooner or later.
So the battle cry is to better get moving fast.
(By Asia Business Consulting)
posted by Andreas @ 4:41 pm
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