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EBay Inc.

eBay Inc.
Public
Traded as NASDAQEBAY
NASDAQ-100 Component
S&P 500 Component
Industry Internet
Founded September 3, 1995; 22 years ago (1995-09-03) (as AuctionWeb)
Founder Pierre Omidyar
Headquarters San Jose, California, U.S.
Key people
Thomas J. Tierney (Chairman)
Devin Wenig (CEO)
Services Online shopping
Revenue Increase US$8.97 billion (2016)
Increase US$2.32 billion (2016)
Increase US$7.26 billion (2016)
Total assets Increase US$23.84 billion (2016)
Total equity Decrease US$10.53 billion (2016)
Number of employees
12,600 (2016)
Subsidiaries eBayClassifieds, Kijiji, iBazar, GittiGidiyor, Gumtree, Stubhub, Half.com, Marktplaats.nl
Website www.ebay.com

eBay Inc. (/ˈˌb/ EE-bay, stylized as ebay) is a multinational e-commerce corporation, facilitating online consumer-to-consumer and business-to-consumer sales. It is headquartered in San Jose, California. eBay was founded by Pierre Omidyar in 1995, and became a notable success story of the dot-com bubble. Today it is a multibillion-dollar business with operations in about 30 countries.

The company manages eBay.com, an online auction and shopping website in which people and businesses buy and sell a broad variety of goods and services worldwide. In addition to its auction-style sales, the website has since expanded to include "Buy It Now" shopping; shopping by UPC, ISBN, or other kind of number (via Half.com); online classified advertisements (via Kijiji or eBay Classifieds); online event ticket trading (via StubHub); and other services. It previously offered online money transfers (via PayPal, which was a wholly owned subsidiary of eBay from 2002 until 2015). The website is free to use for buyers, but sellers are charged fees for listing items and again when those items are sold.

The AuctionWeb was founded in California on September 3, 1995, by French-born Iranian-American computer programmer Pierre Omidyar as part of a larger personal site. One of the first items sold on AuctionWeb 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."


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