eBay
Corporate VC · (United States)
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About
eBay Inc. is a global e-commerce corporation that operates one of the world's largest online marketplaces, connecting millions of buyers and sellers worldwide. Founded on September 3, 1995, by Pierre Omidyar in San José, California, eBay began as AuctionWeb, a platform for consumer-to-consumer sales. Over the years, it has evolved into a comprehensive Business-to-Consumer (B2C) platform, offering a vast array of new and used goods across various categories. As of 2022, eBay employed approximately 11,600 individuals and reported revenues of $10.8 billion in 2019. The company has a significant international presence, with operations in 38 countries and over 83 million active users engaging in more than 50,000 categories. eBay's platform has facilitated notable transactions, including the sale of a megayacht for $168 million. The company has also been involved in various legal matters, such as the 2008 court ruling in Paris that awarded €40 million to LVMH over the sale of counterfeit goods on eBay. Despite these challenges, eBay continues to be a major player in the e-commerce industry, connecting buyers and sellers globally.
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