China closed to outside Internet firms: eBay chief

October 18, 2011
The head of global online auction powerhouse eBay said that China has essentially put up a wall when it comes to non-Chinese Internet firms.

The head of global online auction powerhouse eBay said that China has essentially put up a wall when it comes to non-Chinese Internet firms.

"The domestic China market for Internet-based service is, in essence, closed," chief executive John Donahoe said during an interview at a Web 2.0 Summit in San Francisco.

"The Chinese government is not going to allow a non-Chinese Internet company to succeed in China...it is a weapon in national security."

Opportunity, from eBay's perspective, lies in connecting China to the rest of the world.

EBay this year has seen more than $6 billion in goods sold by Chinese sellers to people outside China and is a marketplace for people in that country seeking to import luxury items, according to Donahoe.

While eBay is keenly interested in the booming China market, regulations there would have to ease for the California-based Internet firm to launch a version of its service there, he said.

Explore further: China world's largest Internet market

Related Stories

China world's largest Internet market

April 22, 2008

A Chinese research firm said China has surpassed the United States as the world's largest Internet market based on number of users.

Discount service Groupon launches China site

February 28, 2011

(AP) -- U.S.-based website Groupon.com says it has launched a discount coupon site in China, hoping to capitalize on the world's most populous Internet market.

eBay may use Skype money for acquisitions: CEO

May 23, 2011

EBay may use some of the $2.4 billion it will receive from the sale of its stake in Skype to make acquisitions, the chief executive of the online auction giant said in an interview published Monday.

EBay to add image recognition to mobile offerings

October 13, 2011

EBay plans to add image-recognition technology to its mobile offerings, allowing shoppers to snap photos of items they covet - such as a cute dress a friend is wearing - that an eBay app will match up with similar items for ...

Recommended for you

Smallest 3-D camera offers brain surgery innovation

August 28, 2015

To operate on the brain, doctors need to see fine details on a small scale. A tiny camera that could produce 3-D images from inside the brain would help surgeons see more intricacies of the tissue they are handling and lead ...

Smart home heating and cooling

August 28, 2015

Smart temperature-control devices—such as thermostats that learn and adjust to pre-programmed temperatures—are poised to increase comfort and save energy in homes.

1 comment

Adjust slider to filter visible comments by rank

Display comments: newest first

Squirrel
4 / 5 (1) Oct 18, 2011
Smart China, dumb US.
Beijing knows the game is to talk "free trade" and do anything but--deny ebay a fair hand on its own ground but use ebay to export even more of its stuff.

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.