Who does not know about eBay nowadays? The phenomenon has become the world's largest online marketplace in the world in the letter millions of transactions in different currencies around the world on a daily basis. eBay is a place to buy and sell anything online, a little 'everywhere around the world. Every company on this scale would think most would probably have a huge amount of capitalization required. Not quite for eBay.
eBay began in 1995 asAuctionWeb, the personal website of 28 years, French-Iranian programmer Pierre Omidyar. And 'this unusual phenomenon in the world led by actually selling a broken laser pointer. As far as stories go, the broken laser pointer at $ 14.83, and was sold to a collector.
In 1996 he assumed the position of the owner of Stanford MBA Jeffrey Skoll, as the first president of AuctionWeb. There was also this year that his first collaboration with ink AuctionWebdealing with a company called Electronic Travel Auction for the sale of travel-related products, such as airline tickets through smart technology market.
A year later the site of eBay, the abbreviation for the consulting firm Omidyar Echo Bay Technology Group has been renamed. The media interest was generated by a fictitious story that the site has been created to sell Pez candy dispensers to Omidyar's boyfriend. Very promising is the auction site, has seen the venture capital firm Benchmark Capital has requestedapproximately $ 5 million to invest in eBay.
The year 1998 marks another milestone for Omidyar as eBay went public. If the IPO opened at $ 53.50 per share, for the targeted share of $ 18 against, eBay has followed the trend of sales growth for years. Needless to say, Omidyar and Skoll became billionaires in no time. As the new president and CEO, a Harvard graduate Meg Whitman, eBay continued growth and expansion of commercial activities has led over the years. Despite aSlower growth in recent years, eBay continues to enjoy a reasonable amount of revenue.
This company has $ 45000000000 sites in 27 countries, although wholesale and retail services operations around the world. He has an extensive collection of items for sale in almost every conceivable condition. Objects from everyday items such as used clothing and shoes with trivial matters like a piece of cooked Brussels sprouts, but not consumed, fame bound as the remaining waterElvis Presley - eBay has elements of every size, shape and category.
eBay continues to grow today with the CEO Whitman at the helm. Content features community have been enhanced with the addition of eBay Community Wiki and eBay Blogs for standard sections, such as discussion forums, groups, response center, chat, etc. The mobile services such as SMS alerts, WAP access and J2ME clients on eBay Also available in a number of areas. eBay business has also expandedWholesale and retail companies such as Allied-line payment systems, Internet protocol systems, and real estate listings. Recent acquisitions include Skype eBay, PayPal, Craigslist, Half.com, Rent.com, Shopping.com and ProStores. This eBay company provides the necessary support to promote business growth.
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