EachNet
Shanghai
About EachNet
EachNet.com is a Chinese e-commerce company and online trading community that enables its users to buy and sell a wide range of items, from clothing and antique calligraphy to computers and real estate, in both auction and fixed-price formats. EachNet was established in August 1999 by two companies, Shanghai Eachnet Information Co., Ltd. and Shanghai Eachnet Commercial Co., Ltd. On March 17, 2002, eBay and EachNet formed a strategic business relationship. eBay initially invested US$30 million to acquire a 33% interest in the company. On July 16, 2003, eBay completed its investment in EachNet, acquiring all of its remaining outstanding common stockfor US$150 million. In July 2004, EachNet launched its new name, eBay EachNet.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 101 – 250
- Funding stage: M&A
- Last round: Series D (Oct 2000)
- Website: eachnet.com
- Phone: +021289436001
Industries & Categories
Communities, E-Commerce, Trading Platform
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