Projects tagged: INFRASTRUCTURE # eBay
DESCRIPTION |
eBay was founded in 1995 by the Iranian-American entrepreneur Pierre Morad Omidyar to foster an interactive model of person-to-person auction. At that time, it proposed a socio-economic system that aimed to bypass the “inefficiencies” of trading in the “real world.” |
FACTS (some) |
#1: Amazon and Craiglist were launched the same year. #2: In 2000, eBay had 12 million registered users and a cyberinventory of more than 4.5 million items on sale on any given day. 20 years later is has 1.7 billion listings and 185 million active buyers. #3: In June 2000, eBay started to run the University Learning Center which was followed, amongst other programmes, by eBay Radio to teach users how to become master sellers. #4: In 2021, eBay says 72% of its consumer-to-consumer sellers turned to the marketplace as an extra income stream. |