eBay Scraps Transaction Fees in China
An AFP newswire article, via Yahoo! News, reports that:
The US online auction service eBay scrapped all sellers' transaction fees in China, in an effort to compete with local competitors offering free services, including Yahoo-invested Alibaba.com.
The online auctioneer announced the changes on its China auction 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.
posted by Fergie @ 1/20/2006 07:50:00 AM
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