eBay – Interesting and Fun Facts

eBay is the largest online auction site in the world.

It was founded on September 3, 1995 by Pierre Omidyar.

The headquarters are in San Jose, California (United States).

The website is located at: ebay.com

eBay interesting facts

1. Initially, eBay was simply called “Auction Web”.

2. In 1997, Pierre Omidyar decided to rename the site to echobay.com. The name was taken, however, so he had to settle for the shortened name ebay.

3. EBay founder Pierre Omidyar is an American of Iranian descent, born in France.

4. Pierre Omidyar made the first billion dollars after eBay went public in 1998.

Added: Marta

5. At the end of 2017, eBay employed 14,100 people.

Added: Arek

6. The first item auctioned was a damaged laser pointer, bought by a collector for less than $ 15.

7. On October 3, 2002, eBay acquired PayPal.

8. In 2012, the eBay logo was changed. Now all letters of the auction name are on equal lines.

9. In 2005, eBay purchased Skype Technologies for $ 2.6 billion. Six years later, they sold Skype to Microsoft for $ 8.5 billion.

Added: RocNes

10. On Ebay, you don’t always have to bid, you can find the “buy now” option.

11. When you win the bid, you pay the second highest bid + the agreed fee.

12. In 2017, eBay’s capital was nearly $ 26 billion.

Added: Tomasz

13. Models of WWII military equipment with Nazi symbols cannot be displayed on eBay.

14. Also, dirty, used clothing cannot be exposed.

15. You can buy a skeleton and a skull for research, as long as it’s not of Indian origin.

16. Soul, fortune telling, and spells are forbidden on eBay.

17. You cannot sell ivory.

Added: Heca25

18. The value of the EBAY share costs $ 42 (as of April 20, 2018).

Added: Natalia

eBay questions and answers

When was the Auction Web site renamed eBay?

The change took place in September 1997.

Answer: Marta

What products cannot be auctioned on eBay?

EBay’s terms and conditions list about 100 prohibited product categories, incl. drugs, drugs, weapons, human organs etc.

Answer: Marta

Where did the idea for the eBay name come from?

In the beginning, the website belonged to the Echo Bay Technology Group, hence the idea for the domain name: echobay.com. However, the name was taken and the shortened name ebay.com was created.

Answer: Marta

How many countries does the eBay online auction operate in?

The auction is currently available in 37 countries around the world.

Answer: Marta