When talking about online auction services, the eBay is the cream of the crop. eBay is one of the most popular websites in the Internet these days, and the most successful among hundreds of online auction sites.
eBay is an online auction and shopping website which allows individuals and business companies to buy and sell goods and services from different parts of the world.
eBays proponent was an entrepreneur named Pierre Omidyar. He wanted to create an online garage sale, so Pierre made a website which allows sellers to auction items to interested buyers. This site was just a part of Pierres larger personal website that serves as a source of information about Ebola virus.
During its launching on the 4th of September 1995, the website was given the name Auction Web. It was later renamed to Echo Bay Technology, but the domain name echobay.com was no longer available for registration. Pierre settled for ebay.com instead.
The first item that was sold over at eBay was a broken laser printer. The highest bid was for $14.83. An astonished Pierre emailed the bid winner and asked if he understood that the laser pointer was broken. The buyer...
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