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Contributors: Douglas McIntyre Jon C. Ogg

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Tuesday, September 26, 2006

Changes Coming at eBay in China?

If reports out of China are "accurate," there could be some changes in eBay's (EBAY) China operations. The company is reportedly in its 5th round of negotiations with Tencent. There are questions about how much Tencent wants and it may be too high for what eBay is willing to shell out.

There is even a mention that eBay may sell its Chinese operations of eBay Eachnet, although that isn't clear if it is all or part. It also noted that Tencent may be an interested buyer.

This article is sourcing Sohu, so you will have to decide for yourself if there is any validity to it. It has happened on many many more times than a few that "rumors" on Asian online news sources that post freely to the public have do you say "Far from accurate"?

We'll check around to see if this has any legs to it, but it would be interesting if ebay really changes its efforts very much there.

Goldman Sachs has maintained its Buy rating in a seperate note this morning.

Jon C. Ogg
September 26, 2006

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