 |
 |
|
|
June 18 |
|
| mediaman Chairman speaks about new trends |
|
 |
|
June 18 |
|
| Howard Johnson goes online |
|
 |
|
|
|
|
 |
|
| |
EBay to open Chinese Web site in shift |
|
EBay Inc. is expected to announce plans Tuesday to open a new Chinese Web site as part of a joint-venture with a Beijing-based Internet company, signaling a strategic shift in the online auction company's Chinese operations.
The new site — operated by online portal and wireless operator Tom Online Inc. — will focus on the domestic Chinese market, according to a person familiar with the deal who requested anonymity because it hadn't been formally announced.
EBay's current Chinese portal, http://www.ebay.com.cn, will become a platform for Chinese merchants to sell to international buyers.
EBay stock closed Monday at $32.42 on the Nasdaq Stock Exchange, down nearly 2 percent from Friday and dramatically off its 52-week high of $47.86. In after-hours trading Monday, it lost 15 cents.
|
| |
|
|
|
