Topic: Ebay Takes New Direction In China (Read 690 times)
Robot
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« on: Dec 19, 2006, 09:04:16 pm »
Ebay has plans to close its site in China and partner with Tom Online Inc. an Internet company based in Beijing. Ebay will have a 49 percent stake in the new venture while Tom Online will have a 51 percent share in the deal. The unnamed site is scheduled to open sometime in 2007.