Making eBay work In 2006‚ there were over 200 million eBayers worldwide. For around 750‚000 people‚ eBay (thhp://www.ebay.com/) was their primary source of income. A survivor of the dot.com bust of the late 1990s‚ eBay represents a new business model courtesy of the internet. Whatever statistics you choose-from most expensive item sold to number of auctions in any one day-the numbers amaze. “This is a whole new way of doing business‚” says Meg Whitman‚ the CEO and President since 1998. “We’re creating
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eBay: Expanding into Asia John Kozloski BUSN412 Business Policy June 16‚ 2011 Case Analysis eBay: Expanding into Asia Company: eBay: Expanding into Asia Industry: Online Auction Industry Company Website: (www.ebay.com) COMPANY BACKGROUND: The founder of the online auction site “eBay” is a computer programmer Pierre Omidyar in San Jose‚ California‚ established on September 3‚ 1995. The primary function of eBay is online auctions and uses to reach a wide range of individuals all over
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Taobao VS eBay in China eBay China eBay‚ as a global company with a global strategy that trades across many nations‚ regarded itself very much as an American company‚ founded in 1995. Under ’ pioneered online person to person trading ’‚ " a web-based community that bought buyers and sellers together " approaches ( Stockdale and Felstead‚ 2010) ‚ currently the company listing sites in 29 countries and defines the C2C model of e-business around world. eBay has became the dominant online trading
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Analysis QSPM matrix IV. Questions Assessment of eBay´s choice of market entry strategy for China‚ listing both the advantages and disadvantages of its acquisition strategy Assessment of the potential benefits and risks of eBay´ s joint venture with Tom Online Assessment of both companies: eBay and Tom Online‚ decisions on their respective percentage of stake Strategic recommendation on International Commercial Strategy for eBay I- The input stage C.A.G.E. analysis Cultural with …
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Internet Auctions: Sotheby’s and eBay _______________________________________________________ Maastricht University | | | | School of Business & Economics | | | | Place & date: | Maastricht‚ 08.12.2012 | | | | Name‚ initials: | Guillaume Piront GPJP | | For assessor only | | ID number: | I6050683 | | 1. Content | | Study: | International Business | | 2. Language structure | | Course code: | EBC1009 | | 3. Language accuracy | | Group number:
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eBay Inc. in China (Case study) Strategic Management Authors: Antonin Levy Diogo Reganha Nuno Sobral Visar Murati Riga‚ 2014 Question 1 eBay first entered the Chinese market in 2002 by acquiring a 33% stake in its local counterpart‚ EachNet‚ followed by a full acquisition a year later in 2003. Critically assess eBay.s choice of market entry strategy for China (use Key Country Matrix)‚ listing both the advantages and disadvantages of its acquisition strategy (use Drivers (YIP) -CAGE Matrix)
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First of all‚ eBay has to deal with more and more competitors in the e-commerce market. For instance‚ both Alibaba and Walmart said in 2009 that they were launching competitors in the US to services like eBay and Amazon. The problem is that small share gains over time (for new entrants) could potentially pinch margins at both Amazon and eBay. That is why eBay has to improve its competitive strategy. What I recommend to the company is to think about strategic collaboration with global social networks
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such as China and Korea‚ eBay has had a tough go of it. There are a number of reasons for this. First‚ eBay crashed in China when the decision was made to move operation say-so from China to California. EBay also underestimated the strong ties that Asians felt toward the online auction media already in place. In addition‚ eBay failed to understand the political implication of doing business in China. Ebay entered the Asian market in 2003 with the purchase of EachNet. Ebay‚ through EachNet cornered
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INTRODUCTION With its current position as a second largest economy in the world‚ China is flourishing for opportunity for businesses. However‚ this powerful economy presents a great challenge for small and middle size businesses. In such environment‚ people are more and more demanding as far the security is concerned. Having that said‚ the security sector plays a crucial role in improving the economy and living standard for the population. Many companies in today’s competitive economic environment
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The Coher Premium 86 Harvard Business Review June 2010 1191 Jun10 Leinwand REV.indd 86 5/4/10 10:42:19 AM HBR.ORG Paul Leinwand (paul. leinwand@booz.com) is a partner at Booz & Company in Chicago. Cesare Mainardi (cesare. mainardi@booz.com) is managing director of Booz & Company’s North American business and is a member of the firm’s executive committee. ence Is your company disciplined enough to focus intensely on what it does best? by Paul Leinwand and Cesare Mainardi
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