When did eBay start? The history of the sales portal
eBay is the world's largest online auction platform. We have been researching for you since when the marketplace was opened, where everyone can buy and sell everything.
When did eBay start? The history of the sales portal
- EBay was founded on September 3, 1995 by the American Pierre Omidyar under the name "AuctionWeb". Back then, eBay was still like an online flea market, where users offered used things for sale.
- Within a short time, eBay grew from a promising start-up to the best investment in the colorful history of Silicon Valley.
- In Germany, six entrepreneurs rebuilt the auction platform in March 1999 and launched it under the name "Alando" in Germany. It didn't take long for eBay to respond: Already in June of the same year, eBay bought the German clone Alando for $ 43 million - eBay Germany was born.
- The group gradually expanded, among other things, through purchases of other platforms and Internet services.
- In 2002, the group finally bought the Internet payment service provider PayPal, which he separated from in 2015. EBay has now also sold its stake in Skype to Microsoft.
- eBay lost its flea market character long ago and opened up to commercial sellers. According to eBay, there were around 516, 000 eBay shops worldwide in 2008.
