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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.
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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.
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