neo1980 Posted March 18, 2002 Share Posted March 18, 2002 Marking its second move into Asia in less than a month, eBay said Sunday it is buying a 33 percent stake in Chinese auction site EachNet for $30 million. In addition to the financial investment, eBay CEO Meg Whitman and Matt Bannick, senior vice president of eBay's international operations, will join EachNet's board of directors. "Our relationship with EachNet is an important step forward in eBay's strategy to build a truly global marketplace," Whitman said in a statement. read the rest Here Link to comment Share on other sites More sharing options...
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