Internet is not borderless for businesses

Ebay finally acknowledged its failure in Chinese market by a thorough withdrawal. It sold out all of its Ebay-Eachnet business to Tom.com. It failed to make any profit in its 3-year operation under the powerful competition from local C2C businesses. It has already withdrawn from Taiwan and Japan market. The Internet is borderless, but a business can only grow in the most suitable soil.

http://tech.sina.com.cn/i/2006-12-20/09381297173.shtml

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