Pioneering the C2C model

On September 4, 1995, Pierre Omidyar founded eBay, an online auction and shopping website in San Jose, California, under the name of Auctionweb, which allows users around the world to buy and sell items online. eBay pioneered the C2C online trading model and gradually developed into one of the world's largest trading platforms.

eBay's 24-year ups and downs

Since its listing, eBay has expanded its business to cover a wide range of areas, investing in and acquiring many companies in the fields of trading platforms, payments, and e-commerce services/platform development. In order to adapt to the development of the Internet, eBay has gradually transformed from an initial auction platform to a comprehensive Internet technology platform with both channels and services.

eBay business structure: Returning to an online trading platform

eBay's business scope includes platforms, payments, e-commerce technology services, and communications. With the continuous adjustment of its business structure, eBay has gradually divested its payment, e-commerce technology services, and communications businesses. The Marketplace trading platform, the classified information website Classifieds, and the ticket trading platform Stubhub are eBay's main sources of income. Currently, eBay's business focus has returned to its core online business.