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Sep25
eBay China Eachnet CEO Resigns
The CEO of eBay China, Martin Shixiong Wu has resigned his position and apparently plans to work as a consultant.

Recent reports have eBay and Google lagging behind Yahoo in the race to "own" China.

China is a vital market to worldwide ecommerce and eBay invested as much as $100 Million last year.

Yahoo has taken the lead in the marketplace, largely due to it's strategic relationship with online marketplace, Alibaba.

Auctionbytes is reporting that Paypal China General Manager, Jeff Liao will take over as CEO of eBay Eachnet.

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