4:59 AM 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. (Read the comments on this)
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