eBay Facts

60 Little-Known eBay Facts That Must Check

eBay Facts:

15 Little-Known eBay Facts

  1. IF YOU’D INVESTED IN ’98, IT WOULD HAVE BEEN WORTH IT (Source: The Clever)
  2. THE FIRST ITEM SOLD IN THE UK WAS A SCORPIONS CD (Source: The Clever)
  3. BRITS USE EBAY MORE THAN ANYWHERE ELSE (Source: The Clever)
  4. EBAY HELPED DISCOVER A NEW SPECIES (Source: The Clever)
  5. 800 MILLION ITEMS ARE UP FOR SALE AT ANY ONE TIME (Source: The Clever)
  6. THE MOST EXPENSIVE ITEM EVER SOLD IS A YACHT (Source: The Clever)
  7. EBAY IS MORE THAN JUST EBAY (Source: The Clever)
  8. YOU CAN’T SELL YOUR VIRGINITY ON EBAY (Source: The Clever)
  9. THE ORIGINAL COLOR WAS YELLOW (Source: The Clever)
  10. SINGER JAMES BLUNT SOLD HIS SISTER ON EBAY (Source: The Clever)
  11. EBAY HAS BETTER SALES THAN THE ECONOMY OF COUNTRIES (Source: The Clever)
  12. YOU CAN BUY RECIPES ON EBAY (Source: The Clever)
  13. EBAY IS SO DEDICATED, IT EVEN NAMED ITS HQ BUILDINGS AFTER DEPARTMENTS (Source: The Clever)
  14. WARREN BUFFETT SELLS A LUNCH DATE EVERY YEAR (Source: The Clever)
  15. THE FIRST EVER ITEM SOLD WAS A BROKEN LASER POINTER (Source: The Clever)

Little-Known eBay Facts

30 Amazing eBay Facts:

  1. eBay is a multinational e-commerce corporation.
  2. The company is based in San Jose, California, United States.
  3. Pierre Omidyar is eBay’s chairman and founder.
  4. The company operates a multibillion-dollar business.
  5. eBay operates in over 100 countries.
  6. eBay focuses on the business model of consumer-to-consumer and business-to-consumer sales within its website.
  7. The business runs the eBay website using an online auction and shopping website.
  8. eBay serves more than 180 million users/customers globally.
  9. eBay has more than 25 million active sellers, and it continues to grow.
  10. Amazon and Alibaba are currently the biggest competitors of eBay.
  11. eBay’s current market capitalization as of 2020 is $30.45 billion.
  12. eBay is one of the world’s first online auctions and the world’s first successful online auction.
  13. Pierre Omidyar started eBay just from a simple hobby.
  14. Upon the growth of the website’s foot traffic, Pierre Omidyar’s internet service provider ask him to upgrade his plan from $30 a month to $250.
  15. Initially free, the upgrade forced Pierre Omidyar to charge eBay sellers.
  16. The eBay website is free to use for its customers/buyers.
  17. Only the sellers are charged with their listings or products.
  18. The first item sold in eBay UK was the CD of Scorpions rock band.
  19. Online money transfer was part of eBay’s services during its early years.
  20. The founder of eBay is an Iranian-American software engineer.
  21. Pierre Omidyar originally wrote the code for the Auction Web in 1995 as a part-time project. This kept him occupied in his spare time.

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  1. Aside from a good salary and compensation, eBay’s employee No. 1 (Chris Agarpao) stayed in eBay because he felt the enthusiasm in the field of his work, and the deep connection between co-workers and bosses.
  2. Roughly three years after its founding, eBay’s owner and the president had already been listed as billionaires in the stock market.
  3. This American twin-engine business jet sold for $4.9 million. Other big buck eBay listings include a house with a war-proof bunker ($2.1 million), a Honus Wagner baseball card ($1.1 million), a Ferrari Enzo ($1 million), and Joseph Jefferson “Shoeless Joe” Jackson’s baseball bat ($577,610).
  4. eBay is part of the top 10’s most popular websites in the United States. Customers prefer eBay because of its ease of use, simplicity, and competitive pricing.
  5. When a seller lists an item through an eBay Classified Ad, sellers will display the price. Once a buyer sees the ad and contacts the seller, both of them can settle the transaction outside of the eBay platform.
  6. The red, blue, yellow, and green on the eBay logo represent friendship, openness, and accessibility with strong ties connecting the eBay community altogether.
  7. Ebay’s top-selling items are branded gadgets, home decor, garden accessories, home tech, fitness gear, fashion, automotive products, and collectibles.
  8. eBay has over 20 sites with a broad presence in over 100 countries. To name a few, these are eBay Australia (ebay.com.au), eBay Philippines (eBay.ph), eBay Taiwan (eBay.com.tw), eBay Vietnam (eBay.vn), eBay Malaysia (eBay.com.my), eBay Canada (eBay.ca), eBay Italy (eBay.it), eBay UK (eBay.co.uk), eBay France (eBay.fr), and eBay Switzerland (eBay.ch).
  9. eBay gets a percentage of each sale, varying from 1.5% up to 14%. The company takes a percentage amount from the seller in both the item and shipping. There are times when eBay won’t charge and waive an international shipping rate but the cheapest rate for an international package is around $35.

30 Amazing eBay Facts

15 Super Interesting eBay Facts:

  1. EchoBay, not eBay: Founder Pierre Omidyar wanted to name his company EchoBay. But with the name already taken by a Canadian company, he had to choose the name eBay. (Source: Live Minty)
  2. Building names reflect categories: At eBay headquarters in San Jose, the names of the buildings indicate the categories available at eBay. (Source: Live Minty)
  3. Per day transactions: eBay witnesses 2 billion transactions each day. This company is indeed a hub for the purchase and sales of products. (Source: Live Minty)
  4. The most searched product on eBay: The most searched product in eBay is an iPhone. (Source: Live Minty)
  5. The most expensive product sold was valued at $168 million: Russian billionaire, Roman Abramovich bought a Frank Mulder-designed yacht at eBay for a whopping $168 million. (Source: Live Minty)
  6. The biggest buyer on eBay: The biggest buyer at eBay is Britain, which tops the per capita purchase. (Source: Live Minty)
  7. The most bought sneaker brand on eBay: Nike Air Jordans, which bears the hallmark of Michael Jordan is the most bought sneaker. (Source: Live Minty)
  8. Tracing the copier: Justin Hawkins of “The Darkness” band wanted to trace the thief who copied their album. And in his pursuit, he purchased a leaked copy of his band’s album on eBay. (Source: Live Minty)
  9. More new items purchased: Even though eBay is an auction site, most of the purchases made on eBay are for new products. More than 70% of the purchases account for new product purchases.(Source: Live Minty)
  10. Life for sale: In 2008, eBay saw a man selling his whole life on eBay for just $325,000! (Source: Live Minty)
  11. California’s Bridgeville sold twice: eBay witnessed the sale of Bridgeville in California not once but twice! (Source: Live Minty)
  12. List of bizarre items on sale is unending: The list of bizarre or weird stuff on sale on eBay is unending and amongst others, it also includes a student selling her virginity, an alien preserved in a jar, and a 10-year old selling her grandmother amongst others. (Source: Live Minty)
  13. Owner of multiple companies – eBay expanded its business to include companies like StubHub, PayPal, Shopping.com, and Half.com. (Source: Live Minty)
  14. Discovery of new species: A new species of sea urchin was discovered on the eBay platform. This was when someone listed the newly found sea urchin for sale. (Source: Live Minty)
  15. Seller ratings introduced: In the year 2008, eBay introduced seller rating. This allows buyers to rate the sellers with a score of 1 to 5 in four categories. (Source: Live Minty)

15 Super Interesting eBay Facts

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