In an effort to expand its Chinese operations, eBay will partner with luxury retailer Xiu.com. In an effort to expand its Chinese operations, eBay will partner with
luxury retailer Xiu.com. The deal, which reportedly will be announced formally in Xiu.com’s home base of Shenzhen on Nov. 12, is eBay’s most ambitious move in China since current CEO John Donahoe took over in 2008. eBay will have plenty of competition waiting. The Chinese e-commerce market was worth more than $120 billion in 2011, a 53.7 percent increase from 2010.
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eBay Courts Partner for New Venture Into China
Posted by: David Vranicar November 2, 2012 09:18 AMIn an effort to expand its Chinese operations, eBay will partner with luxury retailer Xiu.com. In an effort to expand its Chinese operations, eBay will partner with
luxury retailer Xiu.com. The deal, which reportedly will be announced formally in Xiu.com’s home base of Shenzhen on Nov. 12, is eBay’s most ambitious move in China since current CEO John Donahoe took over in 2008. eBay will have plenty of competition waiting. The Chinese e-commerce market was worth more than $120 billion in 2011, a 53.7 percent increase from 2010.