eBay in Japan |
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"I am not one for regrets, but I still regret we don't have a presence in Japan."1 - Meg Whitman, CEO, eBay in 2008. "When we arrived last year, the 800-pound gorilla [Yahoo Japan Auctions] was already positioned."2 - Merle Okawara, President and CEO, eBay Japan in 2001. "I think eBay learned what it did wrong in Japan. Because of the nature of the auction model, I think it now understands that you have to be the leader in the market. I think it's a smart move for the company to have closed its site in Japan and to wait for another time when it can go in and do what it takes to be the leader there."3 - Lindsay Hoover, Vice President, Houlihan Lokey Howard & Zukin4 in 2002. eBay Reenters Japan
1] Erick Schonfeld, "Meg Whitman's Exit
Interview,"TechCrunch, January 24, 2008.
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