EBay is an multinational and e-commerce organization. EBay provides consumer to consumer, business work via the internet. The company builder is Pierre omidyar, this company established in the year of 1995.and the eBay group success story is dot-com bubble. The company business is in multibillion dollars. And this company restricted in 30 communities.
The organization manages eBay.com, this organization service for shopping, people buy and sell a deep variety of goods and services all over countries. The website has since expanded to also “buy it now” concept shopping. EBay is a place for online bidding. Anybody can sell almost anything they want eBay. People many things buy eBay as well.
Shopping by UPC, ISB, or Other type of SKU (via Half.com), Online classified advertisements (via Kijji), Online event ticket trading (via Stub Shub) and so many services. EBay offered online money transfer (like PayPal). The website is free to use for buyers, but sellers are charged fees for listing items, and again listed items when those items are sold.
Some items may be collected by the buyer such as items to large post. Buyers can transfer the money in any action they want as long as the sellers accept payment use PayPal to transfer the money. PayPal is owned by the same people as
As of Sep 2014 eBay has over 40 companies won by purchase of Skype, a voice over internet acquired companies are related to online auction. Protocol company for US $2.6 billion. The majority of companies won by the eBay are based in the United States .most of the eBay. Margaret Whitman IS the CEO of eBay from 1998 to 2008.
In September 3,1995 the Auction web was founded in California, the French born Iranian-American computer programmer Pierre Omidyar Born in June 21,1967.the first item sold the Auction Web was broken a laser pointer for $14.83.omidyar contacted the bidding winner to ask that the laser pointer was broken. The buyer responding email explained that “I’m a collector of broken laser pointers. That frequently repeated story the eBay was established story to help omidyars fiancée PeZ candy was fabricated by a public relation manager in to interest the media in 1997.the Pierre not interested in the company before explanation about wanting to create a “Perfect market”.
Omidyar reported the internet service provider informed to upgrade a business account due to high volume of traffic to his website. The resulting charge increases ($30 to $250) forced him to start charging internet provider used eBay.
Jeffery Skoll was early hired the first president of the company in 1996.
In November 1996 the company got first third party license entered in to the electronic travel bidding to use smart market technology to sell travel and plane tickets.
The company growth is outstanding. In January 1997 the eBay site hosted 2,000,000 biddings. compared with 250,000 during the whole of year of 1996. The company officially name changed the service from auction Web to eBay in Pierre omidyars consulting firm.
The Pierre omidyar had tried to register the name echobay.com. But this name is already registered Echo Bay mines, is a gold mining company. The Pierre omidyar shortened to his name second choice eBay.com
On 1997, the eBay company received $ 6.7 million funding from the venture benchmark capital firm.
On March 1998, the Meg Whitman was hired eBay CEO and President, at the time the company had employees. Half a million revenues and users of $4.7 million needed in the United States.
on september 21,1998 eBay went public ,the pierre omidyar and jeffery skoll became instant billionaires.
As company product categorie expanded into almot any sealable items,the company business grew quickly.the company purchased iBazar in februaey 2002.and a european auction website founded in 1998, the date of october 3,2002 eBay bought paypal.
In september 2007 the company name was conformed by “ebay” and in october 2012 the ebay name has ben used.
After the company expaned worldwide in 2008.hundred millions of registerd users, 15,000+employees and revenues of nearly $7.7 billion.
After ten years at eBay,the whitman decided to enter the politics.on january 23,2008 the company announced to the ceo and president.
On march 31,2008 the john donahoe was selected to became a ceo and president.the whitman remained board of directors and advice continued to john donahoe through 2008.
The eBay company completed the sae of Skype for $2.75 billion in late 2009, but eBay still own 30% equity in the company.
In 2012 eBay company was charged by the US(united states) department of justice entering into non-solicitation agreements for other technology companies involving with highly skilled employees.
In semptecmber 30,2014,eBay announced it,the spinoff paypal into a public traded company separately.the completed spinoff on july 18,2015.
On september 30, 2014 ebay announced the paypal as an independent company. eBay generates revenue by a system of fees for services.the companys buiness policy include increasing international trade.the company ebay runs busees b/w san fransisco and an jose campus.This busses is to reduce the numder of commuting vehicles.
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