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EBAYC company history timeline

1977

Whitman donated $30 million to her alma mater, Princeton University, where she had graduated with a degree in economics in 1977.

1988

Paris-born Pierre Omidyar, who immigrated with his family to the United States when he was six, graduated from Tufts University in 1988 with a degree in computer science.

1996

The National Consumers League found fraud reports had tripled after it created its Internet Fraud Watch project in March 1996.

By the end of 1996 the company had six employees, including Jerry Skoll, eBay's original president.

During 1996 the site hosted more than 250,000 auctions in some 60 categories including Beanie Babies, stamps, coins, and computers.

1997

In November 1997 the United States Senate's Permanent Subcommittee on Investigations conducted hearings into Internet commerce.

1998

In 1998, Pierre and his cofounder Jeff Skoll brought in Meg Whitman to sustain the success.

Major Growth and Change: 1998

eBay grew phenomenally, recording gross merchandise sales of $100 million and revenues of $6 million in the first quarter of 1998.

1999

Yahoo, however, beat eBay to the punch and launched its own site in September 1999, a full five months before eBay officially added its Japanese site.

The first quarter of 1999 was again record-setting, with gross merchandise sales of $541 million and net revenues of $34 million.

2001

Project for IEF248a Spring 2001 Magnus Bjornsson

Yahoo, which had gained considerable ground and was the Web's third most visited firm, lost the majority of its online auction clients after starting to charge fees in the first quarter of 2001.

Better yet were eBay's figures for the year 2001: revenues topped $748 million and registered users had climbed to more than 40 million.

2004

In 2004 the firm went on an acquisitions spree, buying Germany's mobile.de, India's Baazee.com, Korea's Internet Auction Company, Ltd., and a stake in online classifieds forum craigslist.

2005

2005: eBay auctions are available in 46,000 merchandise categories worldwide.

2006

The program began in 2006 with two markets, one at Franklin Elementary and another at Garfield Elementary.

In 2006, eBay Motors sold its 2 millionth passenger vehicle.

2008

In particular, some luxury fashion houses in France sued eBay for damages, with the first judgment of €20,000 against the company in June 2008.

2009

With the OFSPM already underway and thriving, EBAYC not only expanded the markets to twelve schools in 2009, but they also partnered with the Oakland Unified School District (OUSD).

2014

In 2014, the program expands to Australia and the U.K.

Tapped as our CEO Designee in 2014, Devin Wenig takes over as eBay CEO.

2015

PayPal is spun off 13 years later into an independent company in July 2015.

2018

eBay raised a record amount in 2018 by connecting buyers and sellers to the causes they care about most.

2020

A highly accomplished leader, Jamie Iannone takes over as eBay CEO in April 2020.

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Founded
1976
Company founded
Headquarters
Oakland, CA
Company headquarter
Founders
Pierre Morad Omidyar
Company founders
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EBAYC may also be known as or be related to EBAYC, East Bay Asian Youth Center and East Bay Asian Youth Center (ebayc).