eBay (EBAY) reportedly plans to make another attempt to crack China by forming a partnership...

|About: eBay Inc. (EBAY)|By:, SA News Editor

eBay (EBAY) reportedly plans to make another attempt to crack China by forming a partnership with luxury retailer Xiu.com, with the tie-up to be announced on November 12. eBay, which retrenched in China in 2007, is going in with both eyes wide open: it indicated in January that it expects to make losses on new sites in most countries for at least a year.