On December 10, 2012, data from the "eBay Greater China Foreign Trade E-Commerce Report" showed that sales of eBay sellers in Greater China on the eBay platform accounted for 77% of its total sales, and 92% of all payments received by large eBay sellers were completed through PayPal. The survey found that 83% of eBay's big sellers believe that payment through PayPal is an important factor in promoting the success of their foreign trade e-commerce. "eBay and PayPal have more than 100 million active users in 190 markets around the world. Therefore, operating an online business on eBay and choosing PayPal as a payment tool is undoubtedly one of the most effective business strategies for exporters in Greater China to expand into international markets," said Rohan Mahadevan, Vice President of PayPal Asia. It is understood that there are 3,835 large eBay sellers in Greater China with annual sales exceeding US$100,000, of which 263 sellers have annual sales exceeding US$1 million. These big eBay sellers in Greater China have seen a rapid sales growth of 93% in the past year. According to eBay Greater China CEO Lin Yizhang, eBay provides a cost-effective business platform for exporters in Greater China, which can help these merchants expand their business and achieve profit growth globally. Lin Yizhang said that eBay has achieved initial results in promoting China's foreign trade e-commerce, and will make greater efforts to help Chinese companies sell their products overseas, and will also provide great support for China's online export business. It is reported that among these large eBay sellers in Greater China, 84% plan to expand their company's staff size in the coming year, and 57% of the large sellers are optimistic about global consumer demand. 1. PayPal's large merchants with annual transaction volume exceeding $100,000 saw a 35% increase in transaction volume over the past year. 2. The transaction volume of large PayPal merchants with annual transaction volume exceeding US$100,000 in mainland China increased by 48%. 3. eBay sellers with annual sales of more than $100,000 saw a 68% increase in sales over the past year. 4. Sales of large eBay sellers in mainland China with annual sales exceeding US$100,000 increased by 93%. |
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