eBay goes fee-free in China
" EBAY has scrapped all sellers' transaction fees in China in an effort to compete with local outfits offering free services.
The online auctioneer announced the changes on its China website, saying transaction fees would be waived, but small fees would continue to be charged for listing products on the site's webspace and for "feature" products.
eBay's China unit, Eachnet, would also require all sellers to provide authorised online payment mechanisms to improve its credit environment, including PayPal and other escrow services.
The move means that sellers will not be paid until the buyers receive and are satisfied with the products, it said.
The fee cut matches the free services that have been offered by rival Alibaba's online auctioneer Taobao, and highlights the stiff competition the US company faces in China ..."
http://australianit.news.com.au/articles/0,7204,17907223%5E15306%5E%5Enbv%5E,00.html
The online auctioneer announced the changes on its China website, saying transaction fees would be waived, but small fees would continue to be charged for listing products on the site's webspace and for "feature" products.
eBay's China unit, Eachnet, would also require all sellers to provide authorised online payment mechanisms to improve its credit environment, including PayPal and other escrow services.
The move means that sellers will not be paid until the buyers receive and are satisfied with the products, it said.
The fee cut matches the free services that have been offered by rival Alibaba's online auctioneer Taobao, and highlights the stiff competition the US company faces in China ..."
http://australianit.news.com.au/articles/0,7204,17907223%5E15306%5E%5Enbv%5E,00.html
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