Difference between revisions of "Ebay"
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| + | It has been frequently cited that Ebay gives too much power to the buyer and does not do enough to protect the seller from scams. In some cases, buyers have purchased products, filed a claim that the products were not as described, received a full refund, and in the end, been able to keep a product which was actually as described. | ||
Revision as of 18:53, 5 December 2012
eBay is the world's largest online marketplace with over 100 million users worldwide.[1] Registered users can sell items in an auction or sell them for a set price, or buy items through auction or simple purchase. Items sold on eBay include clothes, cars, games, computers, antique coins, deals, sporting goods, and more. While the community provides a vibrant market for online users, there are ramifications as to the truth in the description of items sold, what items are sold, and privacy in PayPal, the payment company acquired by eBay in 2002.[2]
Contents
The Beginning
eBay was founded as AuctionWeb by programmer Pierre Omidyar in 1995 as a small code project over a Labor Day weekend. It was an experiment to see how people would react if they had equal access to a single online market.[2] Upon launching the site, Pierre was able to sell a broken laserpoint pen for $14.83, propelling him to create a full-fledged market site that developed into ebay as we know it today. AuctionWeb officially changed to eBay in 1997.
Features
Selling
Auction
Buying
Categories
Issues on ebay
False item description
Ethics of items sold
Privacy
Buyer's Power
It has been frequently cited that Ebay gives too much power to the buyer and does not do enough to protect the seller from scams. In some cases, buyers have purchased products, filed a claim that the products were not as described, received a full refund, and in the end, been able to keep a product which was actually as described.
References
- ↑ Who We Are (2012). "Overview". eBay. http://www.ebayinc.com/who
- ↑ 2.0 2.1 Who We Are (2012). "History". eBay. http://www.ebayinc.com/history
