| EachNet currently dominates the online
consumer trading space in China. As of October 2000, it
has over 2.3 million registered users, who have transacted
over RMB300 million (US$40 million) worth of goods on
EachNet. In recent months, it has extended its trading
platform to enable businesses to sell to EachNet's vast
and e-commerce savvy users, and as a result has become
the leader in online mobile phone sales in China. It currently
holds the sole online mobile phone distribution license
from China Mobile. During September, EachNet recorded
over US$1.1 million in revenues. |
