eBay Inc. (// EE-bay) is an American multinational e-commerce corporation based in San Jose, California, that facilitates consumer-to-consumer and business-to-consumer sales through its website. eBay was founded by Pierre Omidyar in 1995, and became a notable success story of the dot-com bubble. eBay is a multibillion-dollar business with operations in about 32 countries, as of 2019. The company manages the eBay website, an online auction and shopping website in which people and businesses buy and sell a wide variety of goods and services worldwide. The website is free to use for buyers, but sellers are charged fees for listing items after a limited number of free listings, and again when those items are sold.
S&P 500 Component
|Founded||September 3, 1995|
|Headquarters||San Jose, California, U.S.|
|Revenue||US$10.8 billion (2019)|
|US$2.321 billion (2019)|
|US$1.792 billion (2019)|
|Total assets||US$18.174 billion (2019)|
|Total equity||US$2.87 billion (2019)|
Number of employees
|~13,300 (December 2019)|
|Subsidiaries||Auction Co., iBazar, GittiGidiyor, G-Market, Half.com, Qoo10.jp|
In addition to eBay's original auction-style sales, the website has evolved and expanded to include: instant "Buy It Now" shopping; shopping by Universal Product Code, ISBN, or other kind of SKU number (via Half.com, which was shut down in 2017); and other services. eBay previously offered online money transfers as part of its services (via PayPal, which was a wholly owned subsidiary of eBay from 2002 to 2015); online classified advertisements (via Kijiji, or eBay Classifieds Group); and online event ticket trading (via StubHub).