Founder <br />Founder and Chairman of eBay is named Pierre Omindyar<br />Founded on September 3, 1995 <br />
Ceo<br />John Donahoe<br />Became President and CEO of eBay on March 31, 2008<br />As President and CEO, Donahoe has global responsibility for growing each of the company's business units, which include eBay Marketplaces, and PayPal.<br />In this role, he focused on expanding eBay's core business, which accounts for a large percentage of the company's revenues. Donahoe also oversaw a number of strategic acquisitions, including Shopping.com and StubHub.<br />During the three years he served as President of Marketplaces, revenues and profits for this division doubled<br />
Headquarters <br />eBay headquarters reside in San Jose, CA. <br />
Primary business <br />eBay is the world’s online marketplace<br />It is a place for buyers and sellers to come together and trade almost anything <br />A seller lists an item on eBay, most anything from antiques to cars, books to sporting goods. The seller chooses to accept only bids for the item (an auction-type listing) or to offer the Buy It Now option, which allows buyers to purchase the item right away at a fixed price.<br />In an online auction, the bidding opens at a price the seller specifies and remains on eBay for a certain number of days. Buyers then place bids on the item. When the listing ends, the buyer with the highest bid wins.<br />In a Buy It Now listing, the first buyer willing to pay the seller's price gets the item.<br />
Chief competitors <br />Buy it now competitors <br />Amazon <br />Craigslist <br /><ul><li>Auction competitors
uBid</li></li></ul><li>History <br />eBay was originally founded in San Jose, CA as AuctionWeb<br />One of the first items sold on eBay was a broken laser pointer for $14.83. Astonished, Omidyar contacted the winning bidder to ask if he understood that the laser pointer was broken. In his responding email, the buyer explained: "I'm a collector of broken laser pointers."<br />They officially changed their name to eBay in September 1997 after their growth which hosted 2,000,000 auctions <br />
Interesting facts<br />eBay Slogans: <br />“Connecting buyers and sellers globally”<br />“What ever it is, you can get it on Ebay”<br />“Buy it, sell it, love it”<br />The most expensive item ever sold on eBay was a 405-foot, steel mega-yacht auctioned by the Fort. Lauderdale. The yacht was offered up for auction on eBay November 3rd, 2006 with a price of $85 million. The price paid your 50% deposit of the full purchase price of $168,000,000.00 total.<br />A 50,000-year-old mammoth was put up for sale in 2004 with a minimum bid set at US $250,000 by his Dutch owner due to lack of space, and sold for $61,000.<br />If eBay employed the people who earn all or most of their income selling on its site, it would be the second-largest employer on the FORTUNE 500, after Wal-Mart.<br />
Are they hiring? <br />Yes, eBay is hiring in the U.S and international jobs such as:<br />Finance <br />Project management<br />Customer support<br />Tech-software engineers <br />What are the 3 take away from this research that you want to instill to your peers? <br />eBay generates revenue from various fees. The eBay fee system is quite complex; there are fees to list a product and fees when the product sells (Final Value Fee), plus several optional adornment fees, all based on various factors and scales. <br />The company's current business strategy includes increasing international trade. eBay has already expanded to over two dozen countries including China and India.<br />For most listing categories, eBay sellers are permitted to offer a variety of payment systems such as PayPal, Paymate, ProPay, and Moneybookers<br />
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