Awaiting Divine intervention at Taobao

Bruce Einhorn

Recently we ran a story in BW about the troubles that eBay has been having in China. The big problem for eBay is Jack Ma, the fast-talking former schoolteacher from Hangzhou. Ma, who turns 42 this year, is the founder of Alibaba, the B2B site that also owns Yahoo China and Taobao, the C2C site that has been giving eBay fits because it doesn't charge anything. Hard to beat a rival that's letting people use its site for free.

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