eBay was originally founded under the name AuctionWeb in 1994 by Pierre Omidyar in San Jose, California. The first item sold on the site was a broken laser pointer. Growth was rapid. In January 1997, the site was hosting 2 million auctions per month. In September 1997, the name was officially changed to eBay. Also in 1997, the company received venture funding from Benchmark Capital. Meg Whitman was hired as CEO in March 1998. eBay went public in September of 1998. In 2002, the company purchased IBazar and Paypal. By 2008, the company had expanded worldwide and is one of the few success stories from the dot com bubble. The eBay corporate office is still located in San Jose, CA.
Want to make sure eBay sees your comment or complaint?
Share your experience to get more attention: