Israeli department store Hamashbir 365 Holdings will set up an online store on eBay's marketplace by the end of the year, marking the retailer's first venture into e-commerce and eBay's first partnership with an Israel-based company. "They approached us and chose us as a partner, because we have a price advantage," said Hamashbir CEO Assaf Ben-Dov. "Perfume prices at Hamashbir are cheaper than overseas. That is why there is potential to sell outside Israel."

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Globes (Israel)

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