
Shanghai Yibei Network Information Service Co., Ltd., founded in 1995, is a world-renowned online auction and shopping website, with a world-renowned online payment platform PayPal, a large-scale e-commerce online trading platform
eBay (Chinese Electronic Bay, Yibei, eBay) is an online auction and shopping website that allows people around the world to buy and sell items online. eBay was founded on September 4, 1995 in San Jose, California by Pierre Omidyar under the name Auctionweb. People can sell their goods on eBay over the web.The company was founded in September 1995 when Omidyar's girlfriend loved the Pez candy box but was struggling to find someone to talk to. So Omidyar set up an auction site to help his girlfriend communicate with Pez candy box lovers across the United States, and that's eBay. What Omidyar didn't expect was that eBay was so popular that it was soon crowded with enthusiasts who collected items like Pez candy boxes and Barbie dolls.
Omidyar's first item was a broken laser indicator, which sold for $14.83. Surprised, he asked the winner, "Don't you know this thing is broken?" Omidyar received the following reply: "I'm a player who specializes in collecting broken laser indicators. ”
Jeff Skoll was hired as the company's first president and full-time employee in 1996. In September 1997, the company officially changed its name to eBay. Initially, the site belonged to Omidyar's consulting firm, Echo Bay Technology Group. Omidyar once tried to register an EchoBay URL, only to find that it was already registered by Echo Bay Mining, so he changed EchoBay to his second filing: Ebay.
In 1997, Omidyar began to look for a CEO for eBay, and fell in love with Meg Whitman, who had an MBA from Harvard and served as vice president at Procter & Gamble and Disney. Whitman refused to join because he had never heard of eBay, and was later agreed by professional headhunter Benier to bring eBay to its current glory.
Today, eBay has 147.1 million registered users, sellers from 29 countries around the world, and millions of items in thousands of categories are sold every day, making it the world's largest e-marketplace. In 2003, the transaction volume was $23.8 billion and the net income was $2.2 billion.