Ebay And Alibaba Once Again Parted And Went Their Separate Ways

Online, June 8, 2011 (Newswire.com) - After a brief handshake truce, eBay and Alibaba, the old enemy in China fighting in the field of ecommerce for many years, once again parted and went their separate ways. A new fight secretly started.

Not long ago, eBay's U.S. third-party payment platform PayPal announced on its official blog that it will from August 3 unilaterally terminate cooperation with Alibaba on the AliExpress payment business. China electronics bulk wholesale ePathChina yesterday learned from informed sources that the bilateral cooperation collapse was because PayPal required pumping payment rate from the original less than 4% to 7%. EpathChina analysts believe that eBay thought Alibaba moving across the sea has eaten its business cheese, and worried that appeasement brings disaster.

Epathchina learned from informed sources that as early as the beginning of this year, PayPal through the relevant channels already sent Alibaba price information and required its platform AliExpress members payment rate increasing to 7%, which is as twice much as the normal rate.

"At present, PayPal and another B2B website in China DHgate payment rates is around 3%. In accordance with the prevailing practice, the greater turnover, the rate should be lower, to increase the Aliexpress rat to7% Ali is obviously not in the cards as usual. "the ePathChina analysts said.

Alibaba responsible person said yesterday the termination of co-operation with PayPal does not affect its foreign customers, currently it still undergoes cooperation with Visa, MasterCard, Moneybookers and other third-party payment tool.

For the breakdown of bilateral cooperation, buy cheap wholesale electronics epathchina analysts believe that eBay may be worried about that appeasement brings disaster. Alibaba's foreign online trading platform, AliExpress rapidly developed since last year which made eBay feel the pressure.

Public information, ebay China is able to achieve about 20 billion a year turnover of U.S. dollars. This year, according to a quarterly disclosure of Alibaba, the business has developed rapidly recently, and its turnover has doubled in six months, its traffic ranked first on Alexa.com international B2B online trading platform, and it will become a major opponent of eBay.

Investment banks from overseas study also confirmed this. April this year, Deutsche Bank gave the ebay "sell" rating, because eBay Korea, China, Germany and other important market performance was weak.