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.
According to reports in foreign media, Jay Lee, general manager for eBay Asia Pacific, said we will continue to seek proper opportunities, but the prices should be reasonable. While the current Chinese market is a little overheated, Lee sad China has a large number of rich consumers. They not only sell products on eBay, but also buy on eBay. In 2010, eBay’s sales in Greater China saw a record high of over USD4 billion. The company hopes to attract more Chinese netizens, depending on its 97 million active users worldwide and about 100 million PayPal users.