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What was the original purpose of eBay?
EBay was launched in 1995 as an online platform that permitted efficient peer-to-peer trading in an auction format. (Daniels, John D., Radebaugh,Lee H., Sullivan, Daniel P., 2007) The online auction site provided a space on the internet for people to buy, sell, and trade any multitude of items from almost any category imaginable.
When was the first eBay auction site launched?
EBay was launched in 1995 as an online platform that permitted efficient peer-to-peer trading in an auction format.
How does eBay match up buyers and sellers?
Therefore, eBay’s core competency is simply matching buyer and seller together through an online platform. If you need assistance with writing your essay, our professional essay writing service is here to help! Initially, eBay’s strategy was to match up buyers and sellers collecting a small fee from each transaction, but the business grew quickly.
Why did eBay want to become a global company?
The presented eBay with the opportunity to expand globally as a means to increase their value chain. In order to comply with their company vision of creating the world’s largest global trading community and to help people trade, eBay had to expand into the global market by understanding and embracing a decentralized value chain.
Last Update: Oct 2021
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Comments
Zana
19.10.2021 08:47
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Tamea
18.10.2021 12:24
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20.10.2021 12:08
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Chantel
23.10.2021 00:43
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21.10.2021 11:32
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