Latest news for amalaki
EBay Inc. () announcing a new website and joint venture with the Beijing-based Internet company, TOM Online Inc. Ebay's new strategy differs from comments made by CEO Meg Whitman last year, when she described a $100M investment eBay was making in China at the time as "a sign of an unmistakable commitment and an unstoppable determination to be number one in China. " An audio podcast of this article is available: . EBay and TOM Online, a wireless Internet company, will launch a new auction site next year for Chinese consumers to buy and sell second-hand goods at fixed and auction-determined prices. When the venture rolls out, users navigating to , eBay's auction site in China, users will be automatically transferred to the new website. Analysts and company executives have projected large revenues for eBay's growth in China. The growth has not materialized as expected. Ebay will own 49 percent of the new company and TOM Online will hold 51 percent. Ebay will contribute $40 million to the deal. Whitman stated in an AP interview, "You have to remember that we're pioneering a whole new business here. We have quite a substantial business here, but what we've learned is that to operate successfully in China you need a strong local partner. " She went on to say, "Asia is very different from western Europe and the United States, no question. In every country, we have a tailored strategy, and I will tell you that China needs an even more tailored strategy. " Ebay no longer operates in Japan after being beaten out there by a joint venture between Yahoo () and Softbank Corp, a Tokyo investment firm. Ebay is trying to avoid a replay of this in China. Company Profile: eBay, Inc. and its subsidiaries provide online marketplaces for the sale of goods and amalaki services and online payment to individuals and company's in the United States and internationally. The company has three segments: its online marketplace, payment division (largely PayPal), and communications. Rent. com and Shopping. com are two examples of eBay companies other than the familiar auction site. The Payment division allows companies and individuals to conduct financial transactions online. The Communications segment primarily contains the recently acquired online communications company Skype. eBay, Inc. was founded by Pierre M. Omidyar as a shortened version of "echo Bay" in 1995 and is headquartered in San Jose, California. Competitors: Competitors for EBAY include: Amazon. com Inc. (), Google Inc. (), uBid. com Holdings, Inc. (UBHI. OB), and Escala Group Inc. (). Potential Trade: The following trade scenarios were discovered using PowerOptions' powerful web based search tools. quickly provides the data needed to make clear and informed decisions.
|Covered Call eBay Inc. () $31. 66|
|OPTION||Expiration/Strike||Opt. Bid||%Dnsd. Prot||%If Unch.||%If Asgnd|
|XBAAF||07 JAN 30. 00||$2. 20||6. 90%||1. 80%||1. 80%|
|XBAAZ||07 JAN 32. 5||$0. 80||2. 50%||2. 60%||5. 30%|