Ebay : An American Multinational E Commerce Company

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About eBay eBay Incorporated is an American multinational e-commerce company with a presence across the world. It engages in b2b as well as c2c model of business. The company rose during the dot com bubble in the mid-1990s and is now one of the largest e-commerce companies in the world along with Amazon and Alibaba. Pierre Omidyar founded the company in 1995 in San Jose, California.

eBay works across three line of businesses:-
• eBay marketplaces: Marketplace to connect sellers to buyers
• Paypal: Provides payment solutions to consumers and merchants
• eBay enterprise: Provides technological and marketing solutions to its customers began with auction type selling but eventually the company expanded into the “buy-it-now” mode of selling as well. This gives eBay, a competitive advantage over companies such as Amazon, which only provide “buy-it-now” services. Thus, the company has a mixed blend of business sellers and individual sellers.

eBay’s Vision and Mission
The company does not clearly define a vision and mission statement, but different annual reports of the company state the following:-
The company’s mission is “to provide a global online marketplace where practically anyone can trade practically anything, enabling economic opportunity around the world.”
Whereas the company’s vision statement is “eBay inc. pioneers communities built on commerce, sustained by trust, and inspired by opportunity. eBay brings together millions of people everyday on a local,
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