They serve a majority of the products that are necessary for all the needs of common people. The fresh items to the refurbished wide range listings as can be seen on their website. The largest e-Commerce website that fights directly with Amazon.
About the owner of eBay
eBay, incorporated in the year 1995. Pierre Omidyar, the founder of eBay (formerly called AuctionWeb) became successful during the dot-com bubble that happened during the period of 1997 to 2001. When which, normal people started using the Internet widely.
The company, headquartered in San Jose, California
The commercial launch of eBay happened on September 21, 1998. eBay started the business by selling broken lights and currently, they are among the top 20 websites visited daily over the globe.
Owner of eBay is Pierre Omidyar.
About The eBay Wiki
Details of the owner of eBay(Wiki)
Pierre Omidyar, a French-born American developed the direct person to person Online auction website which later shifted to the online shopping and e-commerce website. He began the sales of broken products through the online auction website and which he found was useful made him improve the business. The first website was made only for getting points from his girlfriend.
Pierre Omidyar is the current chairman and owner of eBay. Pierre holds a graduation in Computer science from Tufts University. Before eBay, he empowered his career through Apple and Macintosh. He also helped the development of Ink Development Corp, a software development company. Which was later purchased by Microsoft under the name eShop. Moreover,
Omidyar represented as the executive producer for the listed films:
- Merchants of Doubt (2014)
- Spotlight (2015)
Omidyar started an investment company namely Omidyar Network. Incorporated in the year 2006, for harnessing the innovative organizations.
During the Initial Days, the company was owned by Echo Bay Technology Group. They were the consulting firm of Pierre Omidyar. In the year 1997, another firm, namely Benchmark Capital invested $6.7 million in eBay.
The CEO of the Company
Devin Norse Wenig, current eBay CEO and President. He is an American Business Executive. Wenig, a holder of BA and JD degree from Union College and the University of Columbia for Law respectively. Devin was the CEO of his father’s Nastech Pharmaceutical company after the death of his father. Later in 1993, Devin was the COO of Reuters. Wenig started his career in eBay after 2011 September as president of Global eBay marketplace.
At present, Pierre is working on starting a dairy farm in Hawaii. He wants to reduce the tax on imported milk in Hawai and improve the agri practice there. But he is offended by a court sue from the lawyers of Grand Hyatt Kauai Resort & Spa. This is the resort located near the proposed area for the dairy farm. As they are complaining about the possible flies and odor from the farm. But the dairy farm can yield a lot of manure for agriculture.
Moreover, Pierre is the CEO and publisher of a local news service called Honolulu Civil Beat. Located and published in Hawaii.
Details of the eBay Company
eBay, provides the customer-customer trade and business-customer trade through their website. It is a free view website and buyers can browse through the products for free but sellers have to pay the company for listing their products in their website and even they provide a limited number of free listing.
In addition to the auction, eBay allows further features including, Buy it Now’ feature through Half.com, and advertising through Kijiji and eBay classifieds.
Currently, eBay has enabled the online event ticket trading feature too for eBay users.
The fact about eBay was, on the day of the public launch of eBay, it reached the market price of $118 per share and then after 4 months, it reached to $300. By the year 1999, they crossed nearly the 33 million items sales per year mark.
During the year 1996, eBay started selling Airplane Tickets and other tickets after the contract agreement with Electronic Travel Auction. In the year 2001, eBay purchased a European auction website called iBazar. Later in the year 2014, they also acquired nearly 25% of the Craiglist.
In fact, eBay once bought Skype Technology in the year 2005, but significantly during 2011, it was sold completely to Microsoft for $8.5 Billion. Even StubHub and Corrigan( a visual search engine) are owned by eBay.
Deal with PayPal
The PayPal, wholly owned subsidiary of eBay provides the feature of online money transfer worldwide. Money transaction through PayPal also can happen using Credit Cards. At present, after 2015 PayPal started working as a separate Public company. eBay is about to replace PayPal by the year 2020 completely and make use of Adyen as their online payment provider sooner this year.
Adyen, an Amsterdam-based payments company incorporated in the year 2016. After the announcement of eBay-PayPal partnership breakage, PayPal saw a market stock drop at 15%.
It was in the year 2008 when the company became a worldwide commercial firm. eBay always supports its partners and its sellers. Currently, eBay is working on leveraging Augmented Reality for its sellers for choosing the best suitable package box for their item.
The major category of items sold daily on eBay includes:
- domain names
- and other miscellaneous items
At present, the eBay’s net worth- estimated to be 1,050 crores USD. And the owner of eBay, Pierre Omidyar’s net worth calculated to $9.43 Billion.
eBay Limited customer care
If you want to contact with eBay company so you must have to loin in this website when you will enter the site you can contact with your own area or realign contact person. If you have any question or inquiry about the shopping site you can mail to the company.
They are providing a full page of contact numbers list with some email id and twitter links, You can use these all details. you can contact with company main or head office persons, with the help of some details.