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What is eBay's business model? Why has it been so successful?
eBay created a powerful platform for the sale of goods and services by a passionate community of individuals and businesses.
eBay enables trade on a local, national and international basis with customized sites in markets around the world.
eBay community includes more than a hundred million registered members from around the world.
People spend more time on eBay than any other online site, making it the most popular shopping destination on the Internet.
it has 157 million registered users, 75 million of whom are in the United States.
It makes more than $1 billion per quarter, and supports auctions and other sales amounting to nearly $11 billion per quarter. …
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