eBay, Incorporated Essay Example for Free

eBay, Incorporated Essay eBay Inc. was founded on 1995. The Company believes that the online commerce is a fast growing industry. For people to acknowledge and recognize eBays transactions, trust and credibility should be first established. It is also the goal of the Company to continuously provide opportunities to people. The Company’s scope is not only on a local basis, but also in national and international scopes. There are millions of items sold worldwide on the company’s online shopping sites. eBay is a fast growing company and since its conception, it has already added new companies to its family. The company bought PayPal in 2002, Skype in 2005, Shopping. com and Rent. com also in 2005. The company’s recent purchases are StubHub in February of 2007 and StumbleUpon also in 2007. Products and Services eBay serves as a marketplace where buyers and sellers meet for the sale, purchase and trading of goods and services. These goods and services vary from collectibles, electronic gadgets, computers, furniture, equipment, appliances and vehicles. Anything can be sold in their website for as long as it is not illegal and it complies with the Rules and Regulations set by the developers. Geographic Locations eBay has different locations all over the world. It has ten outlets in Asia Pacific. Ebay could be found in Australia, China, Hong Kong, Singapore, Malaysia, New Zealand, Philippines, South Korea, Taiwan and India . In Europe, eBay has twelve branches, in Australia, Belgium, France, Germany, Ireland, Italy, Netherlands, Poland, Spain, Sweden, Switzerland and United Kingdom. North America has only two branches, one in Canada and one in the United States of America. eBay also has an investment in Latin America, MarcoLibre. Size Bay Incorporated has a number of other ownerships, aside from eBay itself. The company owns PayPal, Skype, Shopping. com, Rent. com and Online Classifieds. It also called as the largest virtual shopping bazaar. The company is also open to investors who are interested in being part of the growing online trading industry. Investors could take part either through a Brokerage or a Financial Institution. Revenues Based on financial reports on eBay’s website, within the last twelve months the company’s sales reached $ 6. 8 billion and its income reached $ 1. billion. The net profit margin is 20. 39%, and its revenue per share is $ 4. 84. In July 18, 2007, the company announced that its net revenues for the second quarter reached $1. 83 billion, with a growth rate of 30%. The second quarter of this year was considered to be a good quarter for the company. The company’s Marketplace steadily increased its growth and expanded its margin, and so did its Payments. The eBay community and company believe that their honesty, openness, integrity and trust helped paved the way for their success.