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eBay ( NASDAQ: [http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol= }&selected= } }]) is a very successful online auction website, at which people from all around the world buy and sell goods and services.
eBay was founded in 1995 by Pierre Omidyar as "AuctionWeb", part of a larger personal site that included, among other things, Omidyar's own tongue-in-cheek tribute to the Ebola virus. The site belonged to Echo Bay Technology Group, Omidyar's consulting firm. He had tried to register the domain name "EchoBay.com" but found it already taken, so he shortened it to his second choice, "eBay.com". eBay is headquartered in San Jose, California. Meg Whitman has served as eBay's president and CEO since March 1998. In terms of revenue growth, eBay is the fastest growing company of all time.
Millions of collectibles, appliances, computers, furniture, equipment, vehicles, and other miscellaneous items are listed, bought and sold daily. Some items are rare and valuable, while many others are dusty gizmos that would have been discarded if not for the thousands of eager bidders worldwide, proving that if one has a big enough market, one will find someone willing to buy anything. A recent search of eBay uncovered thousands of passe beanie babies and hundreds of vintage Kewpie Dolls. It is fair to say that eBay has revolutionized the collectibles market by bringing together buyers and sellers internationally in a huge, never-ending yard sale and auction. Large international companies, such as IBMThis article is about the International Business Machines Corporation; see IBM (disambiguation) for other uses of this abbreviation. International Business Machines Corporation IBM or colloquially, Big Blue (incorporated June 15, 1911, in operation since, sell their newest products and offer services on eBay using competitive auctions and fixed-priced storefronts. Regional searches of the DB make shipping slighly more rapid or cheaper. Software developers can create applications that integrate with eBay through the eBay API by joining the eBay Developers Program.
Some exceptions to this rule are made for rare aged liquors, where a bottle may sell for many times higher than its actual value in alcohol.
There has also been controversy over the sale of various things that are clearly not in ethical standards to be sold. Once, a man put his kidneyThe kidneys are bean-shaped excretory organs in vertebrates. Part of the urinary system, the kidneys filter wastes (especially urea) from the blood and excrete them, along with water, as urine. The medical field that studies the kidneys and diseases affec on E-bay, trying to get enough money to become a wealthy man. On other occasions, entire towns and even people have been half-seriously been put up on E-bay. E-bay is also full of cheap imitations, which are usually not found out about unless if brought in front of a expert.