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  1. What Is
March 10, 2017

What is eBay?

Buying and selling has never been easier.

By Joao Lima

eBay is a Silicon Valley, US based company exclusively focused on e-commerce.

The site deals with the buying and sale of nearly everything in the C2C and B2C space.

The company was founded in September 3, 1995, by French-born Iranian – American entrepreneur and philanthropist Pierre Omidyar.

It is today headed by CEO Devin Wenig, for CEO of Thomson Reuters Markets and COO of Reuters Group.

The company’s shopping website, ebay.com, is free to use. Money is made from charging sellers for listing their products. A further fee is charged when a product is sold.

What was the first product ever sold?

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