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Rapid Growth Expected to Sinagpore eBay

 Peoples Daily Online

eBay, a world renowned online marketplace for the sale of goods and services, expects rapid growth in its business in Singapore, according to a report in Friday’s Today, an English daily newspaper published in the city state.

It quoted a recent research by ACNielsen as showing that nearly 4,400 Singaporeans are depending solely on eBay as their primary or secondary source of income while another 9,729 Singaporeans are selling a variety of things on this website to supplement their regular salaries.

Expecting the number of sellers to surge in the city state, the American company has made a “significant investment” in upgrading its Singapore website, the report said.

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