Retail in Asia

In Trends

New online start-up to mimic eBay

A new website set up by a former clothing manufacturer and retailer claims to have ambitions to be the "biggest rival" to eBay.

The site, launched last week, sells everything from jewellery and electricals to houses, land on the moon, and a share in a gold mine. It already offers thousands of products.

The site’s founder plans to launch the site in the US next year and then wants to roll it out to 84 other countries.

(Source: Retail Week)