News: eBay Looks to China After Profit Soars
April 28th, 2005 by Laurie BarakSource: MSNBC
EBay Inc. became one of the world’s biggest e-commerce companies because of its phenomenal popularity in the United States, Germany and other wealthy countries.
But executives at the San Jose-based online auction powerhouse acknowledged this week that they’ll have a hard time getting new customers in mature markets, and they say they’ll rely on overseas consumers - particularly the Chinese - to sustain scorching growth rates.
Link to the complete article here.
