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Essay text:
In November 1996, eBay entered into its first third-party licensing deal with a company called Electronic Travel Auction to use SmartMarket Technology to sell plane tickets and other travel products. The company officially changed the name of its service from AuctionWeb to eBay in September 1997. They went public in 1998, and both Omidyar and Skoll became instant billionaires.
eBay Inc. is a company that is built on commerce, trust, and opportunity. “eBay brings together millions of people every day on a local, national and international basis through an array of websites that focus on commerce, payments, and communications (eBay...
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