Word: ebay
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Dates: during 2000-2009
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...Whitman would not be among those people--at least not this summer. If, in fact, the CEO of eBay, the world's most famous and successful e-commerce company, had to write an essay this fall titled "How I Spent My Summer Vacation,'' it might begin, "I didn't have one. I went to Shanghai instead, trying to figure out the China market, because my company's future may depend...
...February, Whitman said that for eBay, "market leadership in China will be a defining characteristic of leadership globally." Lots of big-time CEOS say things like that these days. Few follow it up by summering in Shanghai. The company cast Whitman's stint in China as business as usual. "She goes there quite a bit [but] it's not too extraordinary," says Matt Bannick, president of eBay's international division. "You know, Meg travels a lot." Whitman, in an e-mail interview with TIME, says, "China is unique. It is growing rapidly, and it has a tremendous amount of potential...
...Shanghai sojourn is not business as usual to anyone who is anyone in the booming e-commerce market in China. That includes the CEO of the local company giving eBay fits there, Yun (Jack) Ma of Alibaba-Taobao. On Aug. 8, the Alibaba-eBay competition ceased being a David vs. Goliath battle. Ma announced he was selling a 40% stake in his company to Yahoo! for $1 billion...
...welcome her and the eBay team to China, and with this Yahoo! deal, we decided to give them a nice big welcome gift," Ma says puckishly. The move instantly transformed the pivotal fight for the e-commerce market in China into a high-profile showdown between two of the most successful companies of the Internet age. "The competition [for the China market] will be fierce, no doubt about it," says Yahoo! co-founder Jerry Yang, who has been friends with Ma for years...
Finally you can legally hire a pro to off your ex. Stephen King, who needs a name for a woman he kills in his next novel, will join 15 other authors on eBay next month to auction the right to christen a character in their upcoming books. The money will go to a nonprofit that defends freedom of information and expression, but several writers have placed restrictions on winning bids. Pulitzer prizewinner Michael Chabon won't use a name he finds "mischievous" or "offensive." Lemony Snicket warns that his top bidder's entry may get "mutilated." And while King...