eBay cuts international fees to tempt sellers into new markets

By Phillip Yu

eBay currently serves more than 128 million shoppers around the world, and more than 80 percent of the small businesses that use eBay sell on a global scale. 

Recently, eBay announced that it will cut its international selling fees in order to encourage more than 14,000 small- and medium-sized businesses to sell internationally. In addition, eBay will also provide free translation tools in order to help multinational entities to expand overseas at a low cost. This program will remain in effect until October 7, 2014.