Ebay

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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]


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.[3] 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.


Features

Selling

Auction

Buying

Categories

Issues on ebay

False item description

Ethics of items sold

Privacy

References

  1. Who We Are (2012). "Overview". Ebay. http://www.ebayinc.com/who
  2. Who We Are (2012). "History". Ebay. http://www.ebayinc.com/history
  3. Who We Are (2012). "History". Ebay. http://www.ebayinc.com/history

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