Ebay and Tom Online To Launch Mobile Auction Service

Published June 10th, 2006


The world’s largest online auctioneer eBay signed with Tom Online to launch a mobile shopping service, Bloomberg reported Thursday.

Under the agreement, Tom Online will provide the systems and equipment needed to support the mobile-phone bidding service.

eBay is trying to win market shares from China’s most-used online auction site Taobao.com, a unit of Alibaba.com, the report said.

Referring a governmental data the report said China has near 111 million Internet users at the end of 2005, second after United States.

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