eBay Courts Partner for New Venture Into China

In an effort to expand its Chinese operations, eBay will partner with luxury retailer Xiu.com. The deal, which reportedly will be announced formally in Xiu.com's home base of Shenzhen on Nov. 12, is eBay's most ambitious move in China since current CEO John Donahoe took over in 2008. eBay will have plenty of competition waiting.

Source: http://ectnews.com.feedsportal.com/c/34520/f/632000/s/252aea5b/l/0L0Stechnewsworld0N0Crsstory0C765380Bhtml/story01.htm

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