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EBay CEO's strategy to beat Amazon is to not be Amazon
He intends to push hard into emerging markets, will set up a new search architecture
Mr Wenig is emboldened by forecasts showing that e-commerce remains in its infancy, meaning that there is plenty of room for lots of players to grow and prosper.
PHOTO: BLOOMBERG
Seattle
EBay Inc chief executive officer Devin Wenig took the stage in a Las Vegas convention centre with arms raised like a prized fighter after winning a stunning upset. This was the first time in eight years that EBay had gathered such a large group of sellers in one place to give them...
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