What is eBay in short
eBay Inc. (EBAY) is a US-based global e-commerce company, headquartered in San Jose, California. Through its Marketplace, Classifieds and StubHub web and mobile platforms, eBay brings together buyers and sellers around the world.
The company’s marketplace www.ebay.com enables sellers to place their inventory for a fee; buyers can access all the categories of items for free. Classifieds offers online classifieds that cater for local communities. StubHub is a large marketplace for online tickets.
One of the top 10 global retail brands, eBay employs approximately 14,100 staff members worldwide.
What’s the history of eBay?
eBay was founded as the AuctionWeb in California on 3 September 1995. It was created as part of a larger personal site by computer programmer Pierre Omidyar. The AuctionWeb was renamed into eBay in September 1997.
In November 2000, eBay introduced the ‘Buy It Now’ option, allowing to buy an item at a set price.
In July 2002, the company purchased PayPal, which remained part of eBay Inc. for over a decade. The two companies became independent in July 2015.
In January 2007, eBay acquired StubHub, and became the largest global online ticket platform.
What are eBay’s businesses?
The company’s portfolio of commerce brands includes eBay, eBay Classifieds Group and StubHub.
eBay.com is an online auction and shopping platform that contains over 1 billion live listings of various goods and services. The categories include Motors, Fashion, Electronics, Collectibles & Art, Home & Garden, Sporting Goods, Toys & Hobbies, Business & Industrial, and Music. The platform has a web-based version with multiple localisations and mobile applications which facilitate consumer-to-consumer and business-to-consumer sales.
eBay.com boasts 170 million active buyers in 190 countries.
eBay Classifieds Group
Offering online classifieds in over 1000 cities, eBay Classifieds Group operates a portfolio of ten brands that span worldwide: alaMaula, BilBasen, DBA, 2dehands.be/2ememain.be, eBay Kleinanzeigen, Gumtree, Kijiji, Marktplaats.nl, mobile.de and Vivanuncios. These services enable people find what they are looking for in their local communities.
Located at stubhub.com, this is an online ticket platform catering for both Americas, Europe, Middle East & Africa, and Asia Pacific. The website and mobile apps connect people with their favorite shows, sporting events and artists, as well as helps them buy and sell tickets.
Where is eBay trading?
After a successful Initial Public Offering in September 1998, eBay listed its shares on NASDAQ under the ticker EBAY. The company is a member of the NASDAQ-100 and the S&P 500 Component stock indices. The latest EBAY share price and accurate EBAY charts are available at Capital.com.