EBay

eBay Inc.
FormerlyAuctionWeb (1995–1997)
TypePublic
IndustryE-commerce
FoundedSeptember 3, 1995 (1995-09-03)
FounderPierre Omidyar
HeadquartersSan Jose, California, U.S.
37°17′43″N 121°55′34″W / 37.2952°N 121.9260°W / 37.2952; -121.9260
Area served
Worldwide
Key people
ServicesOnline shopping
RevenueIncrease US$10.42 billion (2021)[1]
Increase US$2.92 billion (2021)[1]
Increase US$13.61 billion (2021)[1]
Total assetsIncrease US$26.63 billion (2021)[1]
Total equityIncrease US$9.78 billion (2021)[1]
Number of employees
~10,800 (December 2021)[1]
SubsidiariesAuction Co., iBazar, GittiGidiyor, G-Market, Half.com, Qoo10.jp
Websitewww.ebay.com

eBay Inc. (/ˈb/ EE-bay) is an American multinational e-commerce company based in San Jose, California, that facilitates consumer-to-consumer and business-to-consumer sales through its website. eBay was founded by Pierre Omidyar in 1995 and became a notable success story of the dot-com bubble. eBay is a multibillion-dollar business with operations in about 32 countries, as of 2019.[1][2] The company manages the eBay website, an online auction and shopping website in which people and businesses buy and sell a wide variety of goods and services worldwide. The website is free to use for buyers, but sellers are charged fees for listing items after a limited number of free listings, and an additional or separate fee when those items are sold.[3]

In addition to eBay's original auction-style sales, the website has evolved and expanded to include: instant "Buy It Now" shopping; shopping by Universal Product Code, ISBN, or other kind of SKU number (via Half.com, which was shut down in 2017); and other services. eBay previously offered online money transfers as part of its services (via PayPal,[4] which was a wholly owned subsidiary of eBay from 2002 to 2015);[5] online classified advertisements (via Kijiji, or eBay Classifieds Group); and online event ticket trading (via StubHub).

  1. ^ a b c d e f g "eBay, Inc. 2021 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. February 24, 2022.
  2. ^ Cite error: The named reference Global Trade: 1. Finding International Items On eBay was invoked but never defined (see the help page).
  3. ^ "Seller fees". eBay. Retrieved February 23, 2022.
  4. ^ Cite error: The named reference Skype and PayPal – A Different Set of Rules was invoked but never defined (see the help page).
  5. ^ Borison, Rebecca (July 20, 2015). "PayPal Spinoff Day Has Arrived -- What Does It Mean for Investors?". TheStreet. Retrieved December 1, 2018.

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