India is still a small fraction of our global revenues, but in 5, 10, 15 years we hope India will be among our top markets.
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By working with Microsoft's cutting-edge technology, we will significantly strengthen eBay's marketplace and our community's ability to trade seamlessly at any time from anywhere on the planet.
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China is unique. It is growing rapidly, and it has a tremendous amount of potential, which is why we have made it a priority for the company.
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Our fourth-quarter results capped off an outstanding year. We have excellent momentum going into 2002 and feel confident with our long-term strategy, ongoing execution and the inherent strength of our business mode.
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This deal is a tremendous step forward for eBay. In one strategic move we have increased our pan-European footprint, as well as the strength of our global trading community.
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There is immense legal and regulatory compliance. When you're handling people's money, every legal and regulatory agency in every country is very interested in that. That is some of the expertise we've built up over the last five or six years.
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