eBay is an online auction and e-commerce platform and marketplace that enables people and businesses to buy and sell a wide variety of goods and services worldwide. The platform connects millions of buyers with sellers globally utilizing [PayPal](http://www.crunchbase.com/organization/paypal) to...
eBay is an online auction and e-commerce platform and marketplace that enables people and businesses to buy and sell a wide variety of goods and services worldwide. The platform connects millions of buyers with sellers globally utilizing [PayPal](http://www.crunchbase.com/organization/paypal) to ensure secure transactions. It also operates specialized marketplaces such as StubHub, the world's largest ticket marketplace as well as eBay Classifieds sites which together have operations in more than 1,000 cities around the world. eBay products can be sold either via a silent auction in which users are able to input the maximum price they are willing to pay and for which the site will automatically increase bids as necessary up to that maximum, or via the Buy It Now feature that enables its users to purchase items at a set price. eBay products and companies include eBay Marketplace, Media Marketplace, PayPal, and various online classifieds sites. eBay was founded in September 1995 by [Pierre Omidyar](http://www.crunchbase.com/person/pierre-omidyar) in San Jose, California.
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