Friday 15 December 2006

Chinese whispers

More rumours about eBay China: today's version says that Eachnet, Paypal and Kijiji are to be split up. The source is apparently an eBay insider. eBay will keep Eachnet, the auction platform, while Kijiji, a free classified ads site, will be run independently. No eBay China story would be complete without the involvement of Tom Group, who here are rumoured to be about to receive a proportion of Paypal's Chinese operation.

Both eBay and Tom Group have, as ever, refused to comment.

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