EBay

EBay

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eBay Inc. is a global e-commerce leader that operates a marketplace where individuals and businesses can buy and sell a wide variety of goods. The company primarily serves individual consumers, small businesses, and large enterprises looking to reach a global audience. eBay operates in the online retail market, which includes both new and pre-owned items, and has a significant presence in the recommerce sector, where pre-loved goods are resold.

eBay's business model is based on facilitating transactions between buyers and sellers. It makes money through listing fees, transaction fees, and advertising services. Sellers pay a fee to list their items and a percentage of the sale price when an item is sold. Additionally, eBay offers promotional tools that sellers can purchase to increase the visibility of their listings.

The company is committed to transparency and user privacy, providing clear information about the data it collects and how it is used. eBay empowers its users by offering tools and resources to help them succeed, including a smart, AI-powered personal shopping assistant available on Facebook Messenger.

eBay also has a strong focus on social impact, exemplified by initiatives like eBay for Charity and the Power of One Auction, which raised over $1.5 million in a single night. The platform supports inclusive entrepreneurship, with 80% of sellers reporting that eBay has helped them reach new markets globally. Notably, 97% of women-owned small businesses on eBay export to an average of 15 international markets.

In summary, eBay is a versatile and inclusive online marketplace that supports a wide range of sellers and buyers, leveraging technology and a commitment to transparency and social impact to drive growth and success.

Keywords: e-commerce, marketplace, recommerce, global reach, transaction fees, advertising, AI assistant, inclusive entrepreneurship, data transparency, social impact.

Tech stack

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Investments by EBay

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