Why does E-bay have problems in its Asian markets? After conducting some research on this subject I have learned that China is a very fast-growing and frustratingly tough to crack market, that is why E-bay has been forced to shut down its main Web site in China and enter into a joint venture with a Chinese company instead.

E-bay has taken a 49 % stake in the venture with Tom Online Inc. Tom Online Inc is based in Beijing and is currently taking the majority share and administering the venture, which has yet to be named. The agreement was that E-bay would put up $40 million into the venture and Tom Online to contribute $20 million. The Chief Executive of E-bay (Meg Whitman) had formally made the announcement in an E-bay office in Shanghai. EBay has already invested hundreds of millions of dollars trying to establish its presence in China. After reading what Tim Boyd (an analyst with Caris and Company) article it was no surprise that E-bay has been failing in China.
China has......

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Title: Why Does E-Bay Have Problems In Its Asian Markets?
Approximate Word Count: 587
Approximate Pages: 3 (250 words per double-spaced page)

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