Transaction: Ebay

eBay (formerly called AucitonWeb) is a website where you can post, buy and sell used and new items. There is a large ecosystem of e-commerce in our society. eBay & Amazon are two of the names that people would most likely refer to while discussing online shopping. eBay was founded in 1995 in the early Dot com boom by Pierre Omidyar. eBay creates an online marketplace and then creates service fees and advertising fees to operate on its platform to access its visibility value.