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EBay opens up to China

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by Brian Turner

EBay has announced plans to facilitate easier access for manufacturers of Chinese goods to its online auction site.

The announcement on Thursday said that eBay has joined with Singapore-based Global Sources, a business-to-business media company that assists Asian companies in reaching potential customers worldwide.

The plan will let eBay’s most active users – “powersellers” – access to Chinese-made products for resale online.

Powersellers are e-Bay users who sell $1,000 or more worth of goods online every month and who have earned a high satisfaction rating from buyers.

These high-volume sellers will be given access to Global Sources’ suppliers through eBay’s Resellers Market, a wholesale market separate from eBay’s main site.

The first step will be to offer the new service, Global Sources Direct, on EachNet, eBay’s auction site inside China. Then, the service will eventually be extended to the rest of the world.

Global Sources said that it has 130,000 suppliers, over half of whom are in China, but it would not say how many of them would sign up for inclusion in the new service.

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News posted: June 16, 2005

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