In the early years, the Internet was not taking advantage of its vast potential to become an online marketplace for everyone everywhere.
Now, on an average day, hundreds of millions of items are listed on eBay. People come to eBay to buy and sell items in thousands of categories from collectibles like trading cards, antiques, dolls, and housewares to practical items like used cars, clothing, books and CDs, and electronics. Buyers have the option to purchase items in an auction-style format or items can be purchased at a fixed price through a feature called Buy It Now.
eBay offers a wide variety of educational tools, features, and services that enable members to buy and sell on the site quickly, safely, and conveniently. These services include online payments by PayPal, tips on safe trading, and the Developers Program for community members who would like to develop their own technology solutions.
With a diverse and passionate community of individuals and small businesses, eBay offers an online platform where millions of items are traded each day. Furthermore eBay ensures that products are used – reused and reused again and again and thus forming a global thrift community.
Being a member on eBay means that all the other members of the community will give you feedback on the way you act on the site. If you act irresponsible, offensive, or unloyal the community will notice and you will be excluded.
Furthermore giving back to the community has been an essential part of eBay since the very beginning. In 1998, with a donation of 107,250 shares of pre-IPO stock, eBay created a charitable fund known as the eBay Foundation™. Today, eBay Foundation remains an important part of eBay and serves as the primary vehicle through which eBay contributes to community organizations.