eBay:  Complete Guide History, Founding, Products, and More

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On September 4th, 1995, the 28-year-old software developer, entrepreneur, and founder Pierre Omidyar launched the famous eBay auction site. 

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The site was originally called AuctionWeb and was renamed eBay in 1997. Initially, he wanted to call his site Echo Bay, but the name had already been registered.

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On Labor Day weekend in 1995, Pierre sat down in his living room in San Jose, California to write the original computer code for what eventually became an internet superbrand—the auction site eBay.

The Founding of eBay

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Browsing and bidding on auctions are free of charge, but sellers are charged two kinds of charges: – Insertion fees – Final value fees

How Does eBay Make Money?

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