ebay bowing out of China?
Rumors have been swirling for months about eBay bailing out of China by selling/creating a JV with a partner there. The top name has consistently been Tom.com, but Tencent and Sohu have also been mentioned.
Ina@AuctionBytes has received a tip that this is a done deal and will be announced soon.
In talking to buy-side and sell-side analysts I was surprised that they pretty much view this as a positive. The thinking goes that if eBay can get China and hits large investment/P+L/profitability hit, the stock will pop nicely.
Personally I think that's a little short-sighted because it seems to me that if eBay surrenders China to Taobao, and previously surrendered Japan to Yahoo!, and most feel Korea is now at risk due to Gmarket taking share, you have a long-term scenario with eBay completely out of Asia (minus Australia where they are dominate), and all of the ecommerce data I look at shows Asia as the Global growth engine for the next 5 years.
It will be interesting to see if a) the rumors are true and b) what the stock does as a reaction.
癌症
癌症
尖锐湿疣
中国康网
尖锐湿疣
排铅
成人用品
尖锐湿疣治疗
肺癌
胃癌
肝癌
肾癌
食道癌
子宫颈癌
乳腺癌
卵巢癌
直肠癌
结肠癌
皮肤癌
甲状腺癌
胰腺癌
前列腺癌
膀胱癌
骨癌
鼻咽癌
脑瘤
癌症
乳腺癌
肺癌
胃癌
食管癌
肿瘤
直肠癌
结肠癌
肝癌
宫颈癌
脑瘤
甲状腺肿瘤
胆囊癌
胆管癌
前列腺癌
白血病
鼻咽癌
肾癌
恶性淋巴瘤
皮肤癌
喉癌
舌癌
胰腺癌
膀胱癌
健康网
癌症
抗癌中药
肿瘤
胶囊类
片剂类
丸剂类
口服液类
散剂冲剂
针剂类
外用药类
牛皮癣
白癜风
鱼鳞病
脂溢性皮炎
脂溢性脱发
斑秃脱发
湿疹
阴虱
带状疱疹
狐臭
青春痘
中国文秘网
皮肤病
皮肤病医药网
牛皮癣
脂溢性皮炎
斑秃
白癜风
鱼鳞病
脂溢性脱发
阴虱
生殖器疱疹
皮癣
湿疹
青春痘
螨虫
健康
播客天下
华东信息网
牛皮癣
白癜风
鱼鳞病
脂溢性皮炎
脂溢性脱发
斑秃脱发
湿疹
阴虱
带状疱疹
狐臭
青春痘
这里有名言警句 名言警句
他是兽人皇帝grubby 兽族皇帝grubbyorc,fighting!
想要美丽健康,去美丽健康网 美丽健康网
Posted by: 癌症 | November 05, 2006 at 05:04 PM
From an article ironically titled "eBay's Meg Whitman Named CEO of the Year by CBS MarketWatch"
"...The virtue in acquiescence
In early 2002, Whitman still believed EBay would compete and win against PayPal. It wasn't clear to her that PayPal's payment service was hands-down better than what EBay's development team put together. She thought EBay could derive more payment-service revenue from each purchase without the need for the deal.
But after months of watching EBay's customers repeatedly choose PayPal over EBay's service, she said customers eventually made the decision for her. She began the task of rallying Wall Street and holdouts on her own management team to back the PayPal purchase, and recommended it to her board..."
http://www.benchmark.com/news/sv/2003/09_18_2003.php
Posted by: eXbay | November 03, 2006 at 02:06 PM
EBAY is not necessarily leaving China. If anything, they would conclude a deal like Yahoo! did with Alibaba. They will cede EBAY Eachnet to Tom (or the others) in exchange for stock in the combined company. Meg has repeatedly said China is important and so this is the only real way to allow China to be better exploited and still participate in the upside.
Posted by: Arnie C | November 03, 2006 at 09:13 AM