eBay EBAY

eBay Inc. is an American multinational online commerce corporation based in San Jose, California. The firm connects millions of buyers and sellers around the world through its online platforms, which facilitate consumer-to-consumer and business-to-consumer transactions, reaching over 150 million active buyers in more than 190 global markets. The firm was founded by Pierre Omidyar in 1995 as AuctionWeb and was renamed eBay in September 1997.

The platform is highly personalised, incorporating features such as ‘My eBay’, ‘eBay Local’, and feedback forums allowing both buyers and sellers to rate and provide feedback for those they interact with. The company also makes it easy for individuals to sell used items, making eBay a popular e-commerce site for members of the general public to sell their personal items, from used electronics to vehicles.

The company has made various acquisitions over the years, starting in 1998 with the acquisition of Jump Inc. and Up4Sale. In 2002, eBay acquired PayPal, which remained part of the firm’s portfolio until it was spun off into an independent company in 2015. The firm has been listed on the NASDAQ since it went public in 1998 and trades under the stock ticker EBAY.

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