India ranks third in Asia Pacific for eBay

India is ahead of China is terms of transactions, but not on the number of users, online shopping portal ebay said.

KOLKATA: India ranks third in terms of value of goods sold for eBay Inc in the Asia Pacific region, the company said on Wednesday.

"In the Asia Pacific, Korea comes first followed by Australia and then India in terms of value to goods sold," eBay official spokesperson Deepa M Thomas said here today.

"India is ahead of China is terms of transactions, but not on the number of users," she said.

Asked when eBay India hoped to scale up in ranking, eBay India category management director Muralikrishnan B said, "there is no internal target, but we will continue to grow in the country by bringing more and more users."

Europe and Asia Pacific contributed 55 per cent of the USD 59 billion worth of goods transacted on eBay. Company officials, however, declined to divulge country specific figures.

eBay claimed to enjoy the highest preference from online marketplace users to trade on their portal in the Rs 1,100 crore online retail marketplace with two million registered users.
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"Out of total e-commerce market size of Rs 9,800 crore, the retail online space is worth Rs 1,100 crore and growing at 30 per cent," Thomas said.

In India, northern and western regions accounted for 60 per cent of the total value of goods transacted in the country on eBay of which Delhi and Mumbai contribute a lot. Cities like Bangalore, Chennai, Ahmedabad, Pune and Kolkata are other major contributors.

eBay offers opportunity for online selling of products across the globe including 670 cities across India and also gave training to sellers on the web.
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