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Yahoo Japan, eBay to link up auction services [news.yahoo.com]
Yahoo Japan and U.S. rival eBay Inc said on Tuesday they would link up their auction sites to make cross-border bidding easier.
The two firms' auction sites, which together have about 4 trillion yen ($36.22 billion) in annual successful bids, will first launch a Japanese-language site on which Yahoo Japan users can bid for eBay items, spokesmen from the two firms said.
eBay, which pulled out of the Japanese market in 2002, has been seeking local partners to boost its Asia operations in the face of mounting competition.
This could be a big step toward internationalizing the auction markets from Japan. If this strategy is successful look to see a more conciliatory eBay in China soon.