eBay

eBay was founded in 1995 by Pierre Omidyar in San Jose, California. The company is publicly traded on NASDAQ under the ticker EBAY. Its core product is an online marketplace enabling the buying and selling of new and used goods, between businesses and consumers (B2C) as well as between consumers (C2C), through both auction-style and fixed-price listings.

eBay operates a global marketplace platform where sellers — both individual and commercial — list products for buyers to find through search and category browsing. The primary revenue model is commission-based, with fees charged to sellers for listings and completed transactions. In 2002, eBay acquired PayPal, but spun it off as an independent public company in 2015. In subsequent years, eBay developed its own internal payment processing system, Managed Payments, which replaced the PayPal integration for sellers on the platform.

The core product is the marketplace platform itself, available via web and mobile apps. eBay Managed Payments is the proprietary payments infrastructure rolled out in recent years. eBay also operates eBay Motors for vehicles and parts, and localized marketplace platforms in numerous countries worldwide.