EBay

eBay Inc. is an online auction website, where people from all around the world buy and sell goods and services.

~ ~ ~ ~ ~ ~ ~ ~ ~ ~

~ ~ ~ ~ ~ ~ ~ ~ ~ ~

eBay was founded in 1995 by Pierre Omidyar as "AuctionWeb", part of a larger personal site that included, among other things, Omidyar's own tongue-in-cheek tribute to the Ebola virus. Originally, the site belonged to Echo Bay Technology Group, Omidyar's consulting firm. (The frequently repeated story that eBay was founded to trade PEZ dispensers was fabricated by a public relations manager in 1997 to interest the media. This was revealed in Adam Cohen's 2002 book and confirmed by eBay.) Omidyar had tried to register the domain name "EchoBay.com" but found it already taken, so he shortened it to his second choice, "eBay.com". eBay is headquartered in San Jose, California. Meg Whitman has served as eBay's president and CEO since March 1998. eBay boosters have claimed that in terms of revenue growth, eBay is among the fastest-growing companies of all time.

Online: In general, something is said to be online if it is connected to some larger network or system (which is implicitly the "line", though this interpretation is often useless). Several more specific meanings exist:...

Auction: An auction is the process of buying and selling things by offering them up for bid, taking bids, and then selling the item to the highest bidder. In economic theory an auction is a method for determining the value of a commodity that has an undetermined or variable price. In some cases, there is a m...

Website: A website, Web site or WWW site (often shortened to just site) is a collection of Web pages, that is, HTML/XHTML documents accessible generally via HTTP on the Internet; all publicly accessible websites in existence comprise the World Wide Web. The pages of a website will be accessed from a common r...