More Possible China E-commerce Acquisitions For eBay
eBay reportedly expects its Greater China sales in 2011 to increase by between 30% and 40%, and the company will seek opportunities to acquire new assets to increase its market share in China.
China’s Alibaba Acquires Auctiva
Chinese e-commerce company Alibaba.com has entered into an agreement to acquire Auctiva, a third-party developer of tools for eBay sellers.
Rumor: PayPal To Cooperate With Alibaba For Online Payments In China
EBay’s online payment subsidiary PayPal is negotiating with the Chinese B2B e-commerce group Alibaba, aiming to introduce its online payment service in China into Alibaba’s worldwide site of AliExpress.