How Big Is eBay?
Have you ever bought or sold anything on eBay? Millions and Millions of people use eBay daily, looking for the best bargain.
What does eBay stand for? Well it is said it can be two things, Electronic bidding all year, or Electronic Bid Against Yourself. Personally I think the first one sounds better.
Ebay began in 1995 in San Jose, California, it became a notable success story. Ebay is now a multi-billion dollar business and has operations in more than 30 Countries (Source Ebay)
What does eBay stand for? Well it is said it can be two things, Electronic bidding all year, Or Electronic Bid against yourself.
The 2000's saw a HUGE growth for EBay, starting with 10 million users and a trading volume of 2.8 billion annually, to 86 million active traders and hundreds of millions of registered accounts. The trading power increased to somewhere around 60 BILLION a year!!!That is insane, there is so much opportunity to buy and sell on Ebay.
Buyers are searching daily for those crazy items, cheaper items, items in bulk, free shipping items, what better place than Ebay to find all that. It has become an online retail market that is helping many of us supplement our income. Ebay has made it extremely simple to use and navigate through their site. There are listed fees that you pay once a month if you are selling on eBay. And the customer service is very good.
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