“We’re committed to the Chinese market for the long term,” President and Chief Executive Meg Whitman told investors on a conference call following eBay’s third-quarter financial report. “We think it holds great potential.”

EBay recognizes that it faces tough competition from rivals who offer free auction listings such as Yahoo-backed Alibaba and others, she said.

“We believe we’re actually maintaining share in what is becoming an even more competitive market,” Whitman said. “There are many new entrants in the business, but we feel pretty good about where we are.”

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Posted: 10|21|06 at 5:18 pm. Filed under: eBay Auctions.