EBay

Categories: Technology | Web 2 0 | Internet | Online Shopping
    • Founder: Pierre Omidyar
    • CEO: John Donahoe
    • Founded on September 3, 1995
    • Went public on September 21, 1998
    • Location: San Jose, California
    • First ever item sold on eBay was a broken laser pointer for $14.83
    • NASDAQ ticker: "EBAY"
    • Slogans: What ever it is, you can get it on eBay and Shop victoriously!

  • eBay is an online auction site that facilitates the purchasing of items from individual vendors worldwide. The company owns PayPal, the online payment service most frequently utilized through eBay, and Skype, the online telephone network.

    On April 14, 2009, eBay announced their intention to release Skype to the public as a separate business entity, with a planned initial public offering scheduled for the first half 2010. eBay said that the decision was made because of the current market conditions.The New York Times: EBay Plans Public Offering for Skype (April 14, 2009)

    In 2009 eBay and Craigslist have been going through an ongoing dispute for ownership.http://news.cnet.com/8301-17852_3-10414395-71.html?part=rss&subj=news&tag=2547-1_3-0-20

  • History

    The site launched on September 3, 1995, and has since grown into the largest internet auction site and a powerhouse in online commerce. eBay grew out of a smaller scale auction company named AuctionWeb, founded in 1995 by Pierre Omidyar. He wrote the original code for eBay in 1995 and hosted it on his on website, originally set up as an informational site about ebola. Jeffrey Skoll became the company's president in 1996, and when eBay went public in 1998, Omidyar and Skoll became billionaires.

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