> Jack told me: “I started looking at the market and realized that, pretty soon, eBay was going to try to get aggressive with its business in China. They’d start with consumers, but over time they will start coming after Alibaba’s wholesalers. Competition was inevitable. So I decided the only way we can slow them down is to launch a site to compete directly with their Chinese language site."
That, plus the fact that China will just pull the plug on any American business gaining too much traction.
That, plus the fact that China will just pull the plug on any American business gaining too much traction.