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An Update: eBay to Partner with Tom.com?

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Few days ago, I did posted on the rumor that eBay China is going to split its business units and establish a partnership with Tom.com. Today ShanghaiDaily.com has ran a story that talked about eBay is expected to partner with Tom.com in some strategic areas. According to the news, eBay China and Tom.com will jointly open a new Web site in January next year that focusing on the China market. But eBay will hold 49 percent stake and Tom.com have a 51 percent stake in this new site.

As usual, no announcement pertaining to this news has been made by these two companies. But I think there are benefits of this possible strategic alliance for them. eBay thus can more focus in their own merchant businesses in China and Tom.com has diversify the company’s portfolio away from its core wireless and mobile Internet businesses.

1 Comment »

  1. Finally, eBay China partner with Tom.com at Tag Edge Says:
    December 27th, 2006 at 9:20 am

    [...] Two days ago, I’m in doubt on the rumor of the partnership between eBay and Tom.com and did posted a post on this matter. I also posted a post on the possibility of the split of eBay China’s business units. [...]

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