saabster27 | 12 years ago | on: Who’s afraid of Jeff Bezos?
Let's not overlook Jack Ma of Alibaba. When it started Taobao in China to compete with eBay China, eBay had 85% of the online auction market in China. Within a few years, eBay was forced out of the China market completely. And if one looks at Taobao closely, its model is much friendlier to small businesses and that's the main driver of its success. I wouldn't be surprised if Taobao starts competing with eBay globally within the next few years. And then there is alibaba.com...