eBay offers a wide
variety of features and services that enable members to buy and sell on the site quickly
and conveniently. Buyers have the option to purchase items in auction-style format or
items can be purchased at fixed price through a feature called Buy-It-Now. In addition,
items at fixed price are also available Half.com, an eBay company.
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On any given day,
there are more than 12 million items listed on eBay across 18,000 categories. In 2002,
eBay members transacted $14.87 billion in annualized gross merchandise sales (GMS, the
value of goods sold on eBay).
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People come to
the eBay marketplace to buy and sell items across multiple categories, including antiques
and art, books, business & industrial, cars & other vehicles, clothing &
accessories, coins, collectibles, crafts, dolls & bears, electronics & computers,
home furnishings, jewelry & watches, movies & DVDs, music, musical instruments,
pottery & glass, real estate, sporting goods & memorabilia, stamps, tickets, body
jewellery, toys & hobbies and travel.
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Members from all
over the world buy and sell on eBay. Currently, eBay has local sites that serve Australia,
Austria, Belgium, Canada, France, Germany, Ireland, Italy, Korea, the Netherlands, New
Zealand, Singapore, Spain, Sweden, Switzerland, Taiwan and the United Kingdom. In
addition, eBay has a presence in Latin America and China through its investments in
MercadoLibre.com and EachNet, respectively.
