eBay CEO Meg Whitman, left the Chinese less than two weeks, the market is or has been rumored that she will come to China again, the news. Sources said that Whitman's trip to find vacancies in addition to eBay eBay for up to 1-year-old CEO candidate, will be located in the eBay eBay Shanghai, personally took three months, to work with other competent authorities with a CUP eBay's PayPal payment issue the final landing.
eBay eBay's new CEO will come from multinational corporations, rather than by the current COO of Zheng Xigui successor. The timetable for PayPal landing in China, is not later than July. At press time of this writing so far, eBay eBay spokesman were not recognized on the news, but said Whitman out of the China market, may often show up in the second half, including Hong Kong, Greater China.
Replacement of the company head office, so that the whereabouts of place, word or two, has always been a hot topic in the media track, which the parties often do not have arms, or vague, or secretive, or near, do not spare more than the article. So, Whitman This time China, whether do not have a mind?
"Soil" problem
In 2003, after the initial investment 30 million U.S. dollars, eBay to 150 million U.S. dollars to complete the acquisition on eBay. Despite eBay's global plate, son of China's strategy of fabric to complete the slowest, but overall, after eBay acquired through several scales of the siege operations, eBay has the local C2C (online auction) Company Arts, cool must so out of the market, another local Taobao C2C forces were once forced to dissociate itself from outside the mainstream of the portal, managed to support, the situation worrisome. It is eBay eBay heyday.
But then the story was not so nice.
In 2004, as Yahoo and Sina, a joint venture company C2C network involved in a shooting, eBay eBay and the conspiracy of silence the first three portals cracks. This year, one of the three portals Sohu as well as the joint venture form of Sharu MSN China portal market, has extended an olive branch to Taobao, eBay eBay is after the loss of arm grabbed the Netease, TOM, and Tencent, China online auction market, the resulting trend of balanced development of the three camps.
C2C market led to numerous more reasons oligopoly structure, in addition to Taobao and a strategy for making a free web streaming of the eBay fees eBay user outside, eBay eBay itself was too rigid where multinational decision-making model is also an incentive. It is understood that after the head of eBay eBay COO Zhengxi Gui does not have sufficient autonomy, things have to be overseas and far away in Asia-Pacific president, Global CEO, COO and other world to discuss four management systems; and local Tactics Taobao has a faster and so is the response mechanism.
In fact, the inability to adapt has led to many multinational Internet companies in China, as a little. Far as AOL joint venture with Lenovo FM365, Yahoo China before the 3721 merger, such as the recent post-merger outstanding Amazon, and MSN China joint venture in the United States Blethyn. Despite the excellent start into the Amazon after the vintage and veteran representatives of major shareholders think Mercury has attachment Lin, eBay eBay founder Shao Yibo, Tan Haiyin, also out of line management, but more international companies are not far above Far throw off their homegrown rivals Dangdang and Taobao, but was repeatedly pressed on the latter had to make a fresh start, while the profit point in time and therefore more unpredictable.
Pay crux
The indications are that Whitman This time China is an important mission, is to pay for the long-awaited tool for PayPal landing in China carried out the government public relations. Sources close to eBay that eBay, PayPal plans to enter China has entered a substantive stage, but has yet to be CUP's approval.
CCID Consulting analyst Zhanglin Jiang told reporters, leading to delays in difficult PayPal settled in one of the reasons China is good to resolve the refund issue, when the Chinese buyers and sellers to reach overseas returned goods, capital agreements, how PayPal return of capital is still a problem. In addition, China is also worried about a number of unidentified high-level money may flow overseas through PayPal, or a large inflow of foreign domestic pressure on RMB appreciation.
But Zhang Linjiang that the communication with China Union Pay, eBay on PayPal to eBay might come face-lift to meet the needs of China's national conditions, but this way, PayPal already exists relative to domestic third-party payment advantage will be difficult to expression.
PayPal is facing greater barriers to electronic transactions from the Chinese government on security concerns. Existing domestic laws as PayPal are non-bank financial services or Internet service is difficult to define innovation, but as a third party payment platform, PayPal can act as banking functions, direct control of the transaction amount, it may appear from the CBRC's supervision is called ultra vires the risk of trading funds.
How tax is also a problem. Currently, no laws on domestic C2C transactions related to limit the tax issues. China's relevant laws and regulations of VAT, although that individuals sell their used junk duty free, but filled in the vast majority of eBay auction on eBay is not a second-hand, more business in his own name registration, disguised tax evasion. If, after PayPal settled the problem is still not properly solved, will likely lead to more trouble. Whitman himself so twice in one month visit to China, and this is not unrelated.
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