Editorial Summary

eBay is negotiating with Tencent (0700.HK) about an acquisition, according to a rumor reported by Sohu. The report said that the two parties are in their fifth round of negotiations, but Tencent is requesting a price that is too high for eBay. eBay China public relations department director Liu Wei did not comment on the rumor. Tencent public relations department claimed that they were not aware of the news. Another rumor says that eBay will sell its China operations, eBay Eachnet, and that Tencent is an interested buyer.