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Is eBay pulling out of China?

Is eBay pulling out of China?

If so, this would be a major defeat, and another sign of failure by Silicon Valley’s major companies there.

The Shanghai Daily is saying a sale of eBay‘s China operations is imminent. Hani Durzy, spokesman for eBay, responded to our request for comment: “We don’t comment on rumors or speculation.” Earlier, we reported how Google is getting trounced by Chinese competitor, Baidu.

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