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Address Stock Symbol: EBAY Profile EBay is the world's leading online marketplace. It is the best known Internet site for buying and selling goods with over 168 million individual users and small businesses around the world. People spend more time on eBay than any other online site, making it the most popular shopping destination on the Internet. On an average day, there are millions of items listed on eBay. People come to eBay to buy and sell items in thousands of categories from collectibles like trading cards, antiques, dolls, and housewares to practical items like used cars, clothing, books and CDs, and electronics. Buyers have the option to purchase items in an auction-style format or items can be purchased at a fixed price through a feature called Buy It Now. EBay is a true global phenomenon. Currently, eBay has local sites that serve Australia, Austria, Belgium, Canada, China, France, Germany, Hong Kong, India, Ireland, Italy, Malaysia, the Netherlands, New Zealand, Poland, the Philippines, Singapore, South Korea, Spain, Sweden, Switzerland, Taiwan, the United Kingdom, and the United States. In addition, eBay has a presence in Latin America through its investment MercadoLibre.com. EBay also owns PayPal, a leading online payment service with more than 86 million accounts. In 2005, the company purchased Luxembourg-based Skype, a provider of phone calls over the Internet for $2.6 billion plus. History EBay was founded in September 1995 by Pierre Omidyar as a site to buy and sell goods. EBay takes its name from the San Franciso Bay Area. The company went public in 1998 in a very
successful IPO. EBay bought PayPal in 2002. © Copyright SVDaily.com |
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