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EBay Inc: An Internet Success
Company Overview
When you think of a true Internet success story, eBay Inc. comes to mind. eBay Inc., incorporated in May 1996, operates a marketplace in which anyone, anywhere, can buy or sell practically anything. According to their financial profile in Yahoo.com: ¡§The Company has developed a Web-based marketplace in which a community of buyers and sellers are brought together to browse, buy and sell various items. Through eBay's PayPal service, it enables any business or consumer with e-mail to send and receive online payments securely, conveniently and cost-effectively.¡¨
eBay Inc. was formed as a sole proprietorship in September 1995, and was incorporated in California in May 1996. In April 1998, it was reincorporated in Delaware and in September 1998 the company completed the initial public offering of their common stock. The main executive offices are located at 2145 Hamilton Avenue, San Jose, California, 95125, and the telephone number is (408) 376-7400. eBay operates one of the Internet's most popular e-commerce destinations and a well known online payments company (PayPal).
Sales are expected to climb 69% in 2003, and to gain about 50% annually through 2005, on organic growth in registered users, listings and
Approximate Word count = 1651
Approximate Pages = 7 (250 words per page double spaced)
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