The history of eBay
Compared with other companies "dot com" released around the same time, like eBay, none has reached the level of success and popularity among a very large customer base than eBay. Throughout its existence, the company remained steadfast in surviving the bubble burst, but also maintain, and even improved its position in the market today.
What's eBay?
eBay is the largest online auction and shopping Web site that allows people worldwide and sell / buy their products. As such, it offers accommodation online auctions, electronic commerce virtual shopping malls, and the acquisition of PayPal and Skype, an online payment system VoIP services to its users.
The beginning of eBay
Just like other companies in line to be launched around the same time, eBay has its modest beginnings in San Jose, California, on 4 September 1995, when programmer Pierre Omidyar put to "AuctionWeb" as part of a website for your online consulting firm Echo Bay Technology Group. To do this, Omidyar tried to register a domain name EchoBay.com, but not as a gold mining company, Echo Bay Mines had already taken. So reduced was established for the domain name eBay.com.
First Article sold
History turned to eBay was made to help Omidyar's fiancee, Pam Wesley sell PEZ candy dispensers. It was later reported to be a PR stunt to give an emotional human interest story to the early eBay. But the same, the company recognizes the myth as its headquarters has a wall screen full of homage to Pez dispensers.
To test the waters, Omidyar sold online article very first, his own broken laser pointer. To his amazement, a bidding materialized, and the item was sold for $ 13.83. A few years later, Omidyar AuctionWeb off and revolutionized the active site online trading for sellers and bidders of regular collection, rare or valuable, computers, vehicles, equipment, appliances and other items.
eBay, the company
In 1997, eBay has the financing risk and officially changed its company name eBay. It is the defining moment came on 10 June 1999, when a 22-hour accident turned an otherwise worse time for the company in an incident that won the million user greater confidence for company. During the 22-hour crash that day, the Directive on the management of some 400 employees of eBay came out of their way of getting vendors to apologize for the temporary glitch. Ebay unexpected action has earned widespread admiration of eBay users worldwide.
The steady expansion of eBay
1999 saw the beginning eBay's acquisition of other companies online. Then, the auction sites and purchase of companies such as Half.com, Mercado Libre, Lakau, iBazar, CARad.com, EachNet Baazee.com, Internet Auction Co., Marktplaats.nl, Rent.com, gumtree, Loquo, Shopping.com, Opus Forum, Meetup, and Tradera.com.
However, among its acquisitions most important being the 2002 purchase Paypal 1.5 billion U.S. dollars-out, and the VoIP company Skype for $ 2.6 million in cash and stock in 2005.
Today, there are 135 million eBay users worldwide. In December 2005, eBay Inc. 's revenues increased 39% to 4.55 billion U.S. dollars, and revenue net, also by 39% to $ 1.05 billion. Most of the increase in revenues is attributed to higher sales in the U.S. and other international markets.
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