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I read that eBay had operations in Japan for a while, but shut down in 2002. With Japan being an economic superpower, why did eBay decide to pull out of there?

April 26, 2017Business businesses companies eBay Economic Japan operations read

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I read that eBay had operations in Japan for a while, but shut down in 2002. With Japan being an economic superpower, why did eBay decide to pull out of there?

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EBay failed to really gain a secure spot in Japan Internet Commerce. While Ebay was only offering approximately 25,000 items, Yahoo ( the market leader in the country) offered over 3.5 million items. Ebay cut their losses and looked elsewhere in the East Asian market, eventually buying NeoCom Technology, a Taiwanese online auction operator.