Revenue
$9.567 billion (2017)
Employees
14,100 (2017)
Founded
1995
Auction
How they do it: eBay pioneered the online auction paradigm. Sellers could list their products for a very low starting bid, which sparked attention from potential buyers. In 2006, Russian billionaire Roman Abramovich was the lucky buyer for a Yacht for around $170 million, put up for auction on eBay and resulting in one of the most expensive auctions of the platform.
E-commerce
How they do it: In 2018, 23 after its founding, eBay still ranks as one of the top 5 e-commerce websites worldwide. Sellers are able to list their products for a small fee or even for free, while buyers can discover product listings, and bid on or purchase products. eBay facilitates discovery and payments via its platform.
Peer-to-peer
How they do it: eBay is a pioneer of the P2P-marketplace. Among peers, sellers can list their products for a small fee or for free, while buyers can discover product listings, and bid on or purchase products. eBay facilitates discovery and payments via its platform.
Two-sided Market
How they do it: eBay is a two sided market. Sellers are able to list their products for a small fee or even for free, while buyers can discover product listings, and bid on or purchase products. eBay facilitates discovery and payments via its platform.
Learn from this company and apply the same patterns to create your own successful business model!