eBay Inc.:

 

-eBay is The World's Online Marketplace, enabling trade on a local, national and international basis. It provides Internet platforms of choice for global commerce, payments and communications. The Company's purpose is to pioneer new communities around the world, built on commerce, sustained by trust, and inspired by opportunity.

 

-Located in North America, Europe and the Asian Pacific

 

More than 220 million registered users

 

Profit: Takes $0.20 to $80 per listing and 5.25% or less of the final price

P&L

 

 

Dec ‘06

Dec ‘05

Dec ‘04

Sales

5,969.7 Million

4,552.4 Million

3271.3 Million

Income

1,125.6 Million

1,082.1 Million

784.3 Million

 

 

Dec ‘06

Dec ‘05

Dec ‘04

Gross Profit Margin

78.9%

82%

81.2%

 

Market Cap: 48.85 B

Major Competitors:

            Amazon, Google, Yahoo

Company History:

            -Founded in San Jose, California on September 3rd, 1995 under the name AuctionWeb

            -Company changed named to eBay in September 1997 (Echo Bay Technology Group)

            -Went public in 1998

            -Ranked 514 on Forbes 2000 Biggest Companies list (March 2007)

Major Acquisitions:

            -In July, 2002 eBay acquired PayPal, for $1.5 billion in stock.

-On June 22, 2004, eBay acquired all outstanding shares of Baazee.com, an Indian auction site for approximately US $50 million in cash, plus acquisition costs. Baazee.com subsequently became eBay India.

            -On December 16, 2004, eBay acquired Rent.com for $415 million in cash

            -In June 2005, eBay acquired Shopping.com, an online comparison site for $635 million.

            -In September 2005, eBay bought Skype, a VoIP company, for $2.6 billion in stock and cash.

            -In February 2007, eBay acquired online ticket marketplace Stubhub for $307 million.

Technology:

-          Paypal, Stubhub, etc.: electronic business and transactions.

-          VoIP, no longer instant message…speak to people through the internet.