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eBay to retain focus on online market place

With the government opening up foreign direct investment (FDI) in business-to-consumer online market place in India, global online retailer eBay

With the government opening up foreign direct investment (FDI) in business-to-consumer online market place in India, global online market place eBay will continue to operate through the e-commerce market place model in the country and provide a platform to small vendors to sell their products.

?We have always been in the e-commerce market place model and have no plans of changing that. eBay will never compete with small merchants. In fact, ebay offers an equal platform to merchants of all sizes – small, medium and large businesses to sell their products,? said Deepa Thomas, eCommerce evangelist at eBay India.

This assumes significance as the department of industrial policy and promotion (DIPP), which floated a discussion paper on allowing FDI in e-commerce, had raised concerns on the inventory based e-commerce as it competes directly with MSMEs.

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First published on: 19-03-2014 at 04:58 IST
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