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Ebay may be down...

...but foreign e-commerce sites are up. Check out MercadoLibre in Latin America and Gmarket in Korea.

The most popular p2p trend --commerce-- is clearly going global.

 Addendum: To clarify the comment from Tim, compare Ebay's stock performance over the past 3 months, with that of MercadoLibre . The blue line is the company (Ebay on the left, MercadoLibre on the right), and the red line is the S&P 500. Ebay's fall over the past month has nearly paralleled the S&P 5000, while MercadoLibre is proving resilient.

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Reader Comments (2)

"Ebay down" as in the Ebay stock is down?

March 6, 2009 | Unregistered CommenterTim

Yes, stock is down. See addendum to post for clarification.

March 6, 2009 | Registered CommenterMelody
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