EBay China is an ally and change the site, part of the challenge to Yahoo!

EBay shuffle the cards in China. In the plans of the operator of online auctions There's a new site that will go online rather than the official one (which will be closed after five years), through a joint venture with Tom Online, a Beijing company controlled by tycoon Li Ka -shing (Hutchison-Whampoa). The agreement provides that EBay owns a 49% stake and the Chinese partners 51 per cent. The move is designed to improve the quality of competitive EBay against the site Alibaba.com, a joint venture between rival Yahoo! and other local operators. Here's Why the agreement, according to unofficial sources, it should not be read as an exit from the market of the Heavenly Empire, unlike what happened in 2002 in Japan. EBay has built its strength in China through acquisitions of Asian companies, including the Chinese EachNet, the South Korean el'indiana Internet Auction Baze. And at the jv with Taiwan PcHome Online created a number of the country.

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