EBay

eBay Inc.
FormerlyAuctionWeb (1995–1997)
Company typePublic
IndustryE-commerce
FoundedSeptember 3, 1995 (1995-09-03)
FounderPierre Omidyar
HeadquartersSan Jose, California, U.S.
Area served
Worldwide
Key people
ServicesOnline shopping
RevenueIncrease US$10.11 billion (2023)
Decrease US$1.941 billion (2023)
Increase US$2.767 billion (2023)
Total assetsIncrease US$21.62 billion (2023)
Total equityIncrease US$6.396 billion (2023)
Number of employees
c. 12,300 (2023)
SubsidiariesQoo10
Websitewww.ebay.com Edit this at Wikidata
Footnotes / references
[1]
eBay office in Toronto, Canada

eBay Inc. (/ˈb/ EE-bay, often stylized as ebay) is an American multinational e-commerce company based in San Jose, California, that brokers customer to customer and retail sales through online marketplaces in 190 markets worldwide. Sales occur either via online auctions or "buy it now" instant sales, and the company charges commissions to sellers upon sales. eBay was founded by Pierre Omidyar in September 1995. It has 134 million yearly active buyers worldwide and handled $74 billion in transactions in 2022, 49% of which was in the United States. In 2022, the company had a take rate (revenue as a percentage of volume) of 13.25%.[1]

eBay is used by individuals, companies, as well as governments to purchase and sell almost any legal, non-controversial item. eBay's auctions use a Vickrey auction (sealed-bid) proxy bid system. Buyers and sellers may rate and review each other after each transaction, resulting in a reputation system. The eBay service is accessible via websites and mobile apps. Software developers can create applications that integrate with eBay through the eBay API. Merchants can also earn commissions from affiliate marketing programs by eBay.

  1. ^ a b "eBay, Inc. 2023 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. February 28, 2024. Retrieved February 29, 2024.

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