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eBay Inc. is a global leader in ecommerce, connecting millions of buyers and sellers through its extensive online marketplace.
eBay Inc., founded in 1995, is a leader in global commerce, operating an online marketplace that connects buyers and sellers in over 190 markets worldwide. The company's primary business model revolves around facilitating transactions on its platforms, where it earns revenue through fees on sales, including payment processing and advertising. eBay's marketplace empowers millions of users, showcasing a broad range of products across various categories such as electronics, fashion, collectibles, and home and garden items. In 2023, eBay achieved a significant gross merchandise volume of $73 billion, demonstrating its vibrant marketplace ecosystem.
The company focuses on leveraging technology to enhance the user experience for both buyers and sellers. With strategic initiatives like managed payments and enhanced advertising products, eBay aims to streamline transaction processes and boost seller success. By evolving its marketplace and expanding international shipping options, eBay continually seeks to innovate, becoming the preferred platform for online transactions. Furthermore, eBay's commitment to corporate responsibility, sustainability efforts, and community engagement underscores its mission to empower individuals and create economic opportunities globally.
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