Profile: eBay Inc (EBAY.O)
26 Oct 2016
eBay Inc. (eBay), incorporated on March 13, 1998, is a commerce company, which operates through its Marketplace, StubHub and Classifieds platforms. The Company helps in enabling commerce on its platforms for buyers and sellers online using desktop and laptop computers or mobile devices, such as smartphones and tablets. The Company has created an open source platform that provides software developers and merchants an access to its application programming interfaces (APIs) for developing software and solutions for commerce.
The Company's Marketplace platforms include its online marketplace located at www.ebay.com, localized counterparts and the eBay mobile applications. The Company's StubHub platforms include its online ticket platform located at www.stubhub.com and the StubHub mobile applications. Its StubHub platforms provide customers with a place to purchase tickets for games, concerts and theater shows, and also enable owners to sell the tickets. The Company's Classifieds platforms include a collection of brands, such as Mobile.de, Kijiji, Gumtree, Marktplaats, eBay Classifieds and others. Its Classifieds platforms offer online classifieds in over 1,500 cities around the world. It also offers online shopping comparison Websites, including Shopping.com. The Company offers mobile applications for the iPhone, the iPad, Android and Windows mobile devices that allow access to ebay.com and some of its other Websites. The Company has over 800 million items listed for sale on its platforms.
The Company's eBay Top Rated Seller program or eTRS, rewards sellers with fee discounts and search standing for listings if they are able to maintain customer service ratings and meet criteria for shipping and returns. The Company's eBay Money Back Guarantee covers items purchased on its Websites in the United States, the United Kingdom, Germany, Australia and Canada through a payment method and protects buyers with respect to items that are not received or are received but not as described in the listing. Its eBay Money Back Guarantee provides coverage for the purchase price of the item and original shipping costs for a limited period of time from the original date of transaction, and includes an interface to help buyers and sellers in navigating the process. The Company focuses in customizing its platforms for its customers. On its Marketplace platforms, the Company has built experiences with formats, such as Daily Deals; Fashion; Motors, including vehicles, parts and accessories, and Electronics. Its Daily Deals offers various products in multiple categories at discounted prices with free shipping.
The Company offers choices to buyers and sellers in various dimensions, such as by listing format, by item condition and by delivery format. By listing format enables sellers to choose their products and services listing through fixed price listings or an auction-style format on its platforms. Its fixed price format on ebay.com allows buyers and sellers to close transactions at a pre-determined price set by the seller. Its auction-style format allows a seller to select a minimum price for opening bids. By item condition enables sellers to list, and buyers to search and purchase items that are new, refurbished and used, common and rare items, and branded and unbranded products on its Marketplace platforms. By delivery format enables buyers to get items shipped through shipping options offered by the seller and selected by the buyer on its Marketplace platforms. By delivery format also offers buyers to pick up the items they purchased online or through mobile devices in one of the retailer's physical stores (store pickup).
The Company competes with Alibaba, Apple, Google, Facebook, Amazon.com, Wal-Mart, Target, Sears, Macy's, JC Penney, Costco, Office Depot, Staples, OfficeMax, Sam's Club, Rakuten, MSN, QVC, Home Shopping Network, craigslist, Inc., Oodle.com, Schibsted ASA, Naspers Limited, Nextag.com, Pricegrabber.com, Shopzilla, Yahoo, Naver, Baidu and Etsy.
2065 Hamilton Ave
SAN JOSE CA 95125-5904
Company Web Links
- BRIEF-Fedex Office and eBay team up to help consumers sell items online, make money
- Ebay's holiday-quarter forecast disappoints; shares slump
- UPDATE 2-Ebay's holiday-quarter forecast disappoints; shares slump
- BRIEF-eBay Q3 GAAP earnings per share $0.36 from continuing operations
- Ebay revenue rises 5.6 pct