Recall eBay China History
In August 1999, eachnet.com was founded in Shanghai by a Chinese entrepreneur fresh out of Harvard Business School.
In March 2002, eBay invested in $30 million in eachnet.com becoming strategic partners.
In July 2003, eBay accquired EachNet paying about $150 million in cash.
In 2004, eBay plugged EachNet into its global network.
In 2005, China online [...]
