How about opening a store on eBay? Does anyone still use it?

When it comes to cross-border e-commerce platforms, most merchants first think of well-known large platforms such as Amazon, Shopee, Laizen and AliExpress. But in fact, Eachnet is also engaged in e-commerce. So how about opening a store on Eachnet?

1. How about opening a store on eBay?

The competition is smaller than on Taobao. Although Taobao occupies 70% of the country, the proportion of stores and consumers is still very high. Compared with eBay, the competition is fierce. The key may be whether your products are good at Feng Shui!

2. Does anyone still use eBay?

In recent days, there is a piece of news in the Internet field that has attracted a lot of attention. This is that Eachnet announced to stop operating. In the company's announcement, it said that due to the adjustment of the company's strategy, the platform will be closed before the 12th of next month. At that time, not only will Eachnet no longer be accessible, but even the basic transaction functions will no longer be maintained. Of course, there may be very few consumers in China who continue to use Eachnet for online shopping.

In the late 1990s, thanks to the efforts of Shao Yibo and others, Eachnet was officially listed in China. At that time, it was the first e-commerce platform in China, and it can be said to have pioneered the Internet industry. At that time, Jack Ma had not yet established Taobao. Within just a few years of its establishment, Eachnet became the largest e-commerce website in China, and subsequently attracted the attention of the American company eBay. Therefore, in June 2003, the two parties reached an agreement and Eachnet was wholly acquired. It was in this year that Taobao was officially launched.

However, with the support of capital, eBay not only failed to achieve better development, but it became worse year by year. According to data, by 2006, its market share was less than 30%. You should know that at its peak, it could take 80% of the market share in one fell swoop and had no rivals in the entire industry. However, the emergence of Jack Ma and Taobao caused a serious impact on eBay.

To sum up, it is OK to open a store on eBay, as the competition is small. But now eBay has closed its platform and stopped operating. Therefore, merchants cannot open a store on eBay.