One of the famous and best known American auction internet company, it is famous as shopping website, basically it is an auction site where people also do business buy and sell a broad variety of goods and their services are all over the world, this internet mega company was founded in 3rd September 1995, today e bay is a multi million business, with its services extended over about 30 countries by now. It was founded by French born Iranian computer programmer Pierre Omidya Michal Dean Johnson, and has its head quarters that Santos California US.
Here the site is based on the main structure and criteria that is very first is profit, customer services, communication, recommendation, apart from that E bay has also well established Amazon and graigest as well as not much popular up stars like atomic mall and ruby lane.
This company is looking forward on the startegy of increasing international trade, eBay has already expanded over a many countries that includes china and India, the only country where it failed was Japan and Taiwan where, yahoo had started already the trading business and newzealand was one another country were eBay failed because ‘trade me’ was owned by media group and was at lead.
EBay is an immense, public interest form economist, who uses it to analyze many aspects of buying and selling behavior, auction formats, time duration of sold items and sales, it’s easy to analysis and evaluate to theoretical and empirical finding.
