But eBay, as the Forbes Beijing bureau chief Gady Epstein writes here, "got trounced in China" by a competitor: Alibaba Group's online marketplace Taobao.com. It would be great to hear Whitman's explanation of why. It'd also be good to know what she sees as the competitive lessons of such a defeat are, if any, for California companies and the state government.
It's a live question because overseas competitors can quickly become competitors here in California. As Forbes notes: "Taobao continues to encroach on eBay’s home turf, acquiring two U.S. companies in recent months — Vendio in June, Auctiva in August."