Ms. Tan added: “Our long term vision is to connect Chinese consumers to global products and brands that they want and love in a seamless and safe way. By partnering with Xiu.com we are able to surface our best inventory to Chinese consumers, while providing a simple and easy shopping experience.”
eBay will support the launch of eBay Style in China with a brand marketing, public relations and social media campaign as well as new smartphone and tablet applications.
eBay Inc. in China
eBay Inc. activity in China comprises an export business enabling thousands of Chinese entrepreneurs to sell to a global customer base via eBay’s platforms and PayPal’s payments solutions, a large development center and a partnership with Xiu.com to facilitate imports. Each year eBay and PayPal enables a multi-billion dollar trade of products and services from Chinese entrepreneurs to customers around the world. The Shanghai-based development center undertakes critical innovation and infrastructure work that underpins eBay Inc.’s global platforms. eBay Style provides Chinese consumers with easy access to global brands and products they love and want from eBay’s international sellers via Xiu.com. eBay Inc. employs almost 1,500 people in China and supports thousands of Chinese enterprises and their employees by enabling global commerce.About eBay Inc. Founded in 1995 in San Jose, Calif., eBay Inc. (NASDAQ:EBAY) is a global commerce platform and payments leader connecting millions of buyers and sellers. We do so through eBay, the world's largest online marketplace, which allows users to buy and sell in nearly every country on earth; through PayPal, which enables individuals and businesses to securely, easily and quickly send and receive digital payments; and through GSI, which facilitates ecommerce, multichannel retailing and digital marketing for global enterprises. X.commerce brings together the technology assets and developer communities of eBay, PayPal and Magento, an ecommerce platform, to support eBay Inc.'s mission of enabling commerce. We also reach millions through specialized marketplaces such as StubHub, the world's largest ticket marketplace, and eBay classifieds sites, which together have a presence in more than 1,000 cities around the world. For more information about the company and its global portfolio of online brands, visit www.ebayinc.com. About Xiu.com Founded in 2008, Xiu.com is a leading online fashion and luxury retailer in China. The categories offered on Xiu.com include apparel, shoes, accessories, watches, bags, cosmetics and other fashion products. Xiu.com is dedicated to bringing the best global fashion and lifestyle to China and has become a major channel for both international brands’ entry to China market and Chinese customers’ purchases of overseas fashion products. Through its B2C platform with solid IT support, Xiu.com successfully presents overseas products in a way that is familiar to Chinese customers. Xiu.com provides one-stop shopping experience, with services ranging from convenient payment methods, cross-border forwarding, home delivery, unconditional return, customer relationship management, warehousing management and marketing support, etc. The headquarters of Xiu.com is located in Shenzhen with approximately 800 employees. Investors of Xiu.com include KPCB and Warburg Pincus.
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