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What is eBay and its History?
By Steve Dawson © Freelance Network

There aren't a lot of people who know that today's international "virtual marketplace" we refer to as eBay was founded in a San Jose living room 10 years ago, in 1995. eBay founder Pierre Omidyar designed the web site with the idea of an on line marketplace where people would be able to sell and buy goods. Today, that small virtual trading space, has become an amazing global phenomenon, stretching and reinventing the limits of on line commerce.

1998 brought a major change in eBay's future, when Pierre and his cofounder Jeff Skoll brought a new member into the successful team - Meg Whitman. She was a Harvard Business School graduate who understood the high importance of branding and advertising. After her arrival, eBay received a different view on business: it was no longer just a place that allowed individuals to sell items, it was a place where people would connect. A highly skilled and experienced staff, recruited from companies such as Disney, sustained this new vision. The 20-year average business experience in management that the staff presented was a good reason why eBay was and still is on an ascending trend.

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