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Overview

eBay is a global e-commerce company founded in September 1995 by Pierre Omidyar in San Jose, California. Initially launched as "AuctionWeb," it has transformed into a major online marketplace that connects millions of buyers and sellers across over 190 countries. With approximately 132 million active buyers in 2023, eBay handled $73 billion in transactions, primarily through consumer-to-consumer and business-to-consumer sales.

The platform allows sellers to list a wide variety of products, including collectibles, electronics, fashion, and automotive parts, using auction or fixed-price formats. eBay has partnered with well-known brands to enhance its offerings and increase transaction volumes. The company generates revenue by charging transaction fees based on the average sale price. eBay's diverse customer base includes individual consumers, collectors, small businesses, and large brands, all leveraging its extensive global reach.
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