First Trade Date for eBay Inc.
| Company Name | First Trade Date (yyyy-mm-dd) |
| eBay Inc. | 1998-09-24 |
| Company Name | Symbol |
| eBay Inc. | EBAY |
| History and Business of Company (this information may include date of incorporation) | |
|
eBay Inc. (EBAY) owns and operates eBay.com, which, based upon the aggregate value of goods traded, is the world's largest and most popular online marketplace. The company's mission is to develop a global online trading platform that will help anyone buy or sell anything. eBay pioneered online personal trading by developing a Web-based community in which buyers and sellers are brought together to buy and sell items such as collectibles, automobiles, high-end or premium art items, jewelry, consumer electronics and other practical and miscellaneous items. The core eBay online trading platform permits sellers to list items for sale, buyers to bid for and purchase items of interest and all eBay users to browse through listed items from any place in the world at any time. The eBay Web site offers buyers a large selection of new and used items that can be difficult and costly to find through traditional distribution channels and offers sellers one of the most efficient and vibrant online distribution channels available. The fixed price platform of its subsidiary Half.com permits sellers to list books, recorded music, movies (VHS and DVD) and video games for sale, buyers to purchase items at a price pre-established by the seller, and all Half.com users to browse through listed items from any place at any time. As of Mar. 1, 2001, through EBAY's wholly-owned and partially- owned subsidiaries and affiliates, the company operated dynamic pricing online trading platforms in the United States, Germany, the United Kingdom, Australia, Japan, Canada, France, Austria, Italy and South Korea. In February 2001, the company announced an agreement to acquire all of the outstanding stock of iBazar S.A., a provider of online trading services in Europe and Brazil. With the completion of this acquisition, EBAY expected to broaden its international reach in online trading to include Spain, the Netherlands, Belgium, Portugal, Sweden and Brazil. The company's trading environment has created a growing commerce-oriented online community. In addition to its auctions, the site has provided a place for buyers and sellers to socialize and discuss topics of common interest. Among its offerings are the eBay Cafe as well as category-specific chat rooms, message boards for user feedback and an announcements section. EBAY also engages in the traditional auction business through its subsidiaries, Butterfield & Butterfield and Kruse International. INCORPORATED in Delaware in March 1998 to succeed a California concern of the same name incorporated in May 13, 1996. The company was originally formed as a sole proprietorship in September 1995. OFFICE- 2145 Hamilton Ave., Suite 350, San Jose, CA, USA 95125 (Tel.: 408-558-7400). Fax - 408-369-4855. WEBSITE- http://www.ebay.com. | |
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