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[1] As of November 20th, 2008, eBay’s market capital is was 15.34B and stock traded at about $12, there are 1.28 billion shares in circulation.
Merchandise on eBay can be sold primarily in two ways, by using fixed price method or by using auction method. Fixed price method is straightforward one, merchants offer goods for fixed price and sellers purchase a good for the price. Auction method is the most popular feature of eBay, and it is one of the key reasons for eBay’s worldwide success. An auction method is the one where individuals and companies offer the product to the highest bidder. Interested buyers will place the bids on the item until the auction expires, auctions on eBay are usually 3,7 and 10 days...
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