ebay
Company name: eBay Inc.
Company stock symbol: EBAY
Company Information
What started as a side hobby for the founder of eBay Pierre Omidyar in 1995 has become a huge success. I have chosen eBay as my research paper because I am an active seller and buyer of eBay and I think that it is a great platform for individual who wants to start somewhere but doesn’t have much experience and financial support.
History of the company, HQ location
Founded by Pierre Omidyar, a computer programmer on September 3, 1995 in San Jose, California. It was initially named as AuctionWeb, later it was change to eBay in September 1997. Initially, the founder wanted to register eBay under echobay.com since it belong to its consulting firm Echo Bay Technology Group but it was taken by a gold mine company. Pierre Omidyar choose to use his second choice and name it eBay. Surprising, the first item sold was a broken laser pointer. Omidyar received great support from his users even though the users were being charged for using the website, due to an increase in the price of eBay business account.
The head quarter is located at San Jose, California.
Mission
eBay’s mission is to pioneer new communities around the world built on commerce, sustained by trust, and inspired by opportunity.
Major competitors, one comparison eBay has some of the toughest competitor in the online retail industry from Walmart Stores Inc., Google Inc., Overstock.com Inc., and Amazon.com Inc. Amazon.com Inc. is one of the major competitor who has come out strong and gaining rapid popularity over the years. The reason why I think Amazon.com is the toughest competition is because many people doesn’t have PayPal account but most of the consumers have a debit or credit card. Many consumers find it tough to set up a PayPal account. Thus many consumer choose to shop at Amazon.com. eBay also encounter competition from retailers, mail-order companies and shopping channel all across the country.
CEO
Company stock symbol: EBAY
Company Information
What started as a side hobby for the founder of eBay Pierre Omidyar in 1995 has become a huge success. I have chosen eBay as my research paper because I am an active seller and buyer of eBay and I think that it is a great platform for individual who wants to start somewhere but doesn’t have much experience and financial support.
History of the company, HQ location
Founded by Pierre Omidyar, a computer programmer on September 3, 1995 in San Jose, California. It was initially named as AuctionWeb, later it was change to eBay in September 1997. Initially, the founder wanted to register eBay under echobay.com since it belong to its consulting firm Echo Bay Technology Group but it was taken by a gold mine company. Pierre Omidyar choose to use his second choice and name it eBay. Surprising, the first item sold was a broken laser pointer. Omidyar received great support from his users even though the users were being charged for using the website, due to an increase in the price of eBay business account.
The head quarter is located at San Jose, California.
Mission
eBay’s mission is to pioneer new communities around the world built on commerce, sustained by trust, and inspired by opportunity.
Major competitors, one comparison eBay has some of the toughest competitor in the online retail industry from Walmart Stores Inc., Google Inc., Overstock.com Inc., and Amazon.com Inc. Amazon.com Inc. is one of the major competitor who has come out strong and gaining rapid popularity over the years. The reason why I think Amazon.com is the toughest competition is because many people doesn’t have PayPal account but most of the consumers have a debit or credit card. Many consumers find it tough to set up a PayPal account. Thus many consumer choose to shop at Amazon.com. eBay also encounter competition from retailers, mail-order companies and shopping channel all across the country.
CEO