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Tecent Formally Launches PaiPai
By STAFF EDITOR
Published: March 13, 2006 11:00 AM

While PaiPai's growth rate is the swiftest in the sector, the competition is stiff. Taobao and eBay together account for 80% of the market, which was worth 8.774 billion yuan in the third quarter of 2005, twice its value in the entirety of 2004.


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