Type Public Traded as NASDAQ: EBAY, NASDAQ-100 Component, S&P 500 Component Foundation date September 3, 1995 Headquarters San Jose, California, U.S. Area served Worldwide Founder Pierre Omidyar Key people Pierre Omidyar (Chairman), John Donahoe (CEO) Industry Internet, Online retailing Products eBayClassifieds, electronic commerce, Gumtree, Kijiji, online auction hosting, PayPal, shopping mall Revenue Increase US$ 14.07 billion (2012) Operating income Increase US$ 2.88 billion (2012) Net income Decrease US$ 2.60 billion (2012) Total assets Increase US$ 37.27 billion (2012) Total equity Increase US$ 20.87 billion (2012) Employees 27,770 (2012) Slogan(s) “World’s Online Marketplace.”, “Connecting buyers and sellers globally.”, “What ever it is, you can get it on eBay.”, “Buy it, sell it, love it”, “Buy it New, Buy it Now”, “When it’s on your mind, it’s on eBay” Website eBay.com Written in Java IPv6 support No Alexa rank positive decrease 18 (February 2013) Type of site Online auction Registration Required to sell & buy Available in Multilingual
eBay Inc. (NASDAQ: EBAY) manages an online auction and shopping website, where people buy and sell goods and services worldwide.
Origins and early history
Founded in San Jose on September 4, 1995 by Pierre Omidyar and Jeff Skoll as Auctionweb, part of a larger personal site that included, among other things, Omidyar’s own tongue-in-cheek tribute to the Ebola virus.
The first item sold was Omidyar’s broken laser pointer for $14.83. Astonished, he contacted the winning bidder and asked, “did he not understand the laser pointer was broken?” Omidyar received the following email in reply: “I’m a collector of broken laser pointers.” (The frequently repeated story that eBay was founded to help Omidyar’s fiancee trade PEZ Candy dispensers was fabricated by a public relations manager in 1997 to interest the media. This was revealed in Adam Cohen’s 2002 book and confirmed by eBay.)
It officially changed its name to eBay in September 1997. Originally, the site belonged to Echo Bay Technology Group, Omidyar’s consulting firm. Omidyar had tried to register the domain name EchoBay.com but found it already taken by the Echo Bay Mines, a gold mining company, so he shortened it to his second choice, eBay.com.
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