eBay News, Fun & Tips for Online Buyers and Sellers

Thursday, April 28, 2005

$21m Investment in India Planned by eBay

Global online auction company eBay is planning to invest around $21m in expanding its’ India operations over the next 2 years.

eBay acquired the Indian auction site BaaZee last year and is currently integrating the business into its’ global portal. eBay’s senior management is apparently looking at ways of using India’s large pool of technology expertise to increase the group’s current levels of offshore outsourcing.

Avnish Bajaj, country manager of eBay India is reported as saying “….currently eBay outsources a part of its development to Cognizant and a part of customer support to IBM Daksh. Dialogues are underway at the top management of eBay on how we can leverage the vast talent pool of India and we should be deciding on this within the next few quarters.”

It seems that since the integration of BaaZee and eBay, there has been an upturn in the number of Indian sellers looking to address the global marketplace. But here’s the catch. Unless you do an eBay international search for specific descriptions, items on eBay.in don’t automatically show up if you’re registered in another country. So if like me, a lot of your eBay shopping is done browsing through categories, you won’t find the bargains from India.

What a number of smart India based sellers have done to get their items easily visible across the world is register directly on eBay.com eBay.uk etc. and are not just making a bit of money but (in relative terms for India) an absolute fortune selling their stuff globally. Good luck to them!

Another emerging trend - increasing international competition between eBay sellers is acting as a catalyst in the formation of seller groups. Now some of these groups are banding together to promote additional visibility through externally promoted eBay Shops and Stores Directories.