US Internet Giants Fail to Break Into the Lucrative Chinese Market – Bobbie Johnson

From Guardian Unlimited:

The lack of Chinese success for companies like Yahoo!, eBay and Amazon is down to ‘lazy corporate culture’

When it emerged earlier this week that eBay was preparing to close down its Chinese operation, few observers were wholly surprised.

After several years of underperforming results in the auction giant’s business in the country, press reports suggest that the company is planning a three-way split of its Chinese enterprise. Instead of taking on its competitors head first, eBay is instead expected to pump $40m (¬£20.3m) into a new venture with Tom Group, the internet portal run by Hong Kong billionaire Li Ka Shing.[Full Text]


Subscribe to CDT


Browsers Unbounded by Lantern

Now, you can combat internet censorship in a new way: by toggling the switch below while browsing China Digital Times, you can provide a secure "bridge" for people who want to freely access information. This open-source project is powered by Lantern, know more about this project.

Google Ads 1

Giving Assistant

Google Ads 2

Anti-censorship Tools

Life Without Walls

Click on the image to download Firefly for circumvention

Open popup

Welcome back!

CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.