Ebay - Ebay Founded by Pierre Omidyar as AuctionWeb in 1995...

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Ebay Founded by Pierre Omidyar as AuctionWeb in 1995 Set up to trade Pez candy dispensers Ebay’s initial business model was to provide an electronic infrastructure for conducting C2C auctions It has close to 200 millions registered buyers and sellers now and offer fixed price listing and stores as well products that ranges from high end items such as fine arts, collector automobiles, and jewelry to more mundane and practical items such as clothing, consumer electronics and housewares 1
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Candy Dispenser 2
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World’s Largest Marketplace 3
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Business Model Value proposition - connect sellers to buyers by providing a ease of use, safe and reliable trading platform. Bulk of its revenue from fees and commissions Listing fee + commission + payment (if use PayPal) + shipping fee (if use their shipping service) Additional fees for using pictures and “Buy it now” option Own half.com which offers fixed-price C2C and B2C of goods. Charge 15% commission Also derived revenue from direct advertising on the site 4
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Business Strategy World’s largest network of buyers and sellers – growth based on expansion geographically and scope Has International ( MercadoLibre.com , eachnet.com) and local sites Bought PayPal for $1.5B in Oct 2002
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Ebay - Ebay Founded by Pierre Omidyar as AuctionWeb in 1995...

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