Who invented ebay wiki

Create a personalised ads profile. Select personalised ads. Apply market research to generate audience insights. Measure content performance. Develop and improve products. List of Partners vendors. EBay Inc. The company's site allows sellers to operate online stores and sell items directly to buyers. The company, which was founded in , has also developed and acquired several online marketplaces including StubHub and Classifieds. EBay's growth has made several of its largest shareholders, including its founder, very wealthy.

He hired his first employee in June to help manage the company's explosive growth, and he renamed the company eBay in September Omidyar founded a philanthropic venture named the Omidyar Network in He continues to serve as a member of the board of directors of eBay. John Donahoe is the second-largest eBay shareholder with , shares according to his most recent filing with the SEC back on July 17, Donahoe was the chief executive officer CEO and president of the company from March 31, , to July 17, He joined eBay in as president of eBay Marketplaces.

In this role, he managed all of the company's e-commerce platforms. Donahoe has served on several boards of companies and not-for-profit organizations. Wenig is the third CEO in Ebay's history. During this timeframe, eBay grew its user base by 71 million active customers to a total of million. Michael Jacobson is the fourth-largest eBay shareholder with , shares as of July 15, Jacobson was the general counsel and secretary of eBay Inc.

Jacobson helped shape the company's content, contracts and law enforcement policies as well as its Securities and Exchange Commission SEC compliance during his tenure with eBay. While company insiders may hold a lot of eBay shares, most are held by institutional investors.

The following are the largest such shareholders as of October 22, Securities Exchange Commission. This is the only way you can receive back the final value fee if the buyer never requests to cancel.

However, you may still want to open an unpaid item strike if the buyer requests to cancel, as the buyer will receive an unpaid item strike. If you are a new seller, you are very likely to get many scammers trying to target you.

They will usually ask you to text them and not use Ebay private messaging, so that Ebay staff cannot review communication for fraud investigation. They will send you a fake email imitating a PayPal received payment email.

Sometimes they will ask you to include gift cards as well. If you fall for this, you will lose the item and the value of the gift card. Despite this, many companies abuse this to prevent competition with their authorized retailers, and Ebay sides with the intellectual property owner despite them claiming they prohibit this practice. Legally, the first-sale doctrine law allows people to resell genuine products they own with the brand name to describe the product. Printer ink cartridges, even genuine ink, are notorious for being risky to sell on Ebay due to certain printer manufacturers abusing VERO to prevent their ink from being resold.

Adobe will take down listings for genuine software licenses, even for programs they no longer sell licenses for. This is presumably to force new users to pay for their subscription-based licenses instead.

Good Qualities Like Amazon , you can find almost anything on the site. For buyers, it is usually easy to receive a refund if the seller scammed you. You can often find good deals on items. Sellers can automatically block buyers who have more 2 or more unpaid item strikes. They can also block users from buying, which can be used to prevent buyers you have previously had a bad experience with from buying from you again. Sellers can request removal of negative feedback for reasons that aren't the seller's fault.

They also have a policy that forbids buyers from extorting negative feedback to push a seller to offer or do something, and will usually remove such negative feedback if the seller requests it.

Sometimes, you can find really rare items you can't find anywhere else. Ironically, buyers who use a freight forwarder are the safest to sellers, as using a freight forwarder voids buyer protection. The combination of used and new items brought eBay success. With the new eBay brand logo, which was introduced in , the company incorporates eBay's history and wants to point to the dynamic future. The core elements, such as the colour of the old logo, have been retained.

The touching letters reflect the close-knit and growing community. In Germany, the company has 18 million active users. In addition, there are 50 million products at any one time on the German eBay marketplace, provided by 5.

Today, the company is also leader in mobile commerce — the mobile application has already been downloaded million times, and it enables users to buy and sell anywhere, anytime. At the age of 28, in , he invented the principle of eBay. At that time, he lived in San Francisco and already programmed for Apple and several other companies. On the first weekend of September he programmed the basic software for the auction site.

The platform was first published on his company's website "Echo Bay Technology Group". Six months after the start-up, Omidyar took enough sales commission to cover its server costs. Already after nine months he earned more money than with his programmer job.