eBay
(eBay, Inc., San Jose, CA, www.ebay.com) The major auction service on the Web. eBay popularized the concept of buying and selling online, and both individuals and commercial enterprises list items for sale. There is no charge to browse the site or make bids and purchases, but there is a fee to list items. If an item is purchased, the seller pays eBay an additional fee. Millions of items are offered, and in 2002, nearly $15 billion worth of merchandise was sold through this service.
eBay Inc. (NASD:EBAY)
Sector: Services
Industry: Retail (Specialty)
Website: http://www.ebay.com eBay Inc. provides online trading services by developing eBay Marketplace, an Internet-based community in which buyers and sellers are brought together to buy and sell various products. The Company's online service permits sellers to list items for sale, buyers to bid on items of interest, and eBay users to browse through listed items in a fully automated service that is available online seven days a week. Through its PayPal service, eBay enables various businesses or consumers with e-mail in 45 countries to send, and in 44 countries to receive online payments. At December 31, 2004, the Company had Websites directed toward the United States, Australia, Austria, Belgium, Canada, China, France, Germany, Hong Kong, India, Ireland, Italy, Malaysia, the Netherlands, New Zealand, Philippines, Singapore, South Korea, Spain, Sweden, Switzerland, Taiwan and the United Kingdom. On February 23, 2005, it acquired Rent.com, an Internet listing Website in the apartment and rental housing industry.BRIEF:
eBay Inc. has developed a web-based community in which buyers and sellers are brought together in an auction format to buy and sell items such as antiques, collectibles, computers, memorabilia, and toys. For the six months ended 6/30/05, revenues rose 38% to $2.12B. Net income rose 40% to $547.9M. Revenues reflect a jump in registered users, record GMV, and growth at PayPal. Earnings also reflect increased gross profit margins.
eBay Inc.
2145 Hamilton Avenue
San Jose, CA 95125
United StatesPhone: 1-408-376-7400
Fax: 1-408-369-4855
Contact: Matt Gustke
Contact Title: Investor Relations
Contact Phone: 1-408-626-5330