eBay Launches Open Beta for eBay.cn Site

Online marketplace provider eBay (NASDAQ:EBAY) recently launched eBay.cn in China. Unlike the company’s previous Chinese auction site Taobao, eBay.cn will mainly provide a platform for small to medium size business engaged in foreign trades. In addition to basic functions such as seller authentication and Paypal service, the site also provides educational materials on foreign trades for Chinese businesses. Source: sina.com.cn