EBay (EBAY) says it won't compete in China's domestic market and will instead focus on exports...

|By:, SA News Editor

EBay (EBAY) says it won't compete in China's domestic market and will instead focus on exports and cross-border trades. "Over time, we will look for opportunities to partner or joint venture or work together with Chinese companies," CEO John Donahoe says. "We've, in essence, exited the domestic market." EBAY -0.5% premarket.