Story of the world’s largest online business- eBay

Posted By Lobitech IT Solutions West End, London WC2H Lobitech on 08-01-2021 18:27:41

Story of the world’s largest online business- eBay

Description

The strategic approach used by eBay was to take advantage of increased consumer adoption of the Internet. Ebay mainly focused on its objectives, strategy and key risks a close look.

eBay's brakethrough is similar to those for smaller retailers. Established 4 September 1995 by Pierre Omidyar, a 28‑ year‑ old French‑ born software engineer living in California, who coded ebay software while working for another company, called his new invention ‘Auction Web’ and later renamed it eBay in 1997.

eBay's Risk factors - fraud

In 2005 eBay developed ‘Trust and Safety Programs’ which are particularly important to reassure customers since online services are prone to fraud.

It’s hard to believe that by 2012, eBay had 112 million active users globally.

Read more ==> BBC (2005) eBay’s 10-year rise to world fame. By Robert Plummer. Story from BBC News, 2 September. 

Tags: bbc, ebay, news

For more information, please Click Here

Related Blogs

Ratings & Review

Uh oh! We couldn't find any review for this listing.

Last Viewed Blogs

Blogs Search
Featured Blogs
Best Budget Intel Core i5 Laptops 2022

In the present era, laptops are our crucial companions to do computing tasks. However, the one thing that...

Top 10 Removal Companies in the UK

Top 10 Removal Companies in the UK When is the best time to book a removal company for moving or office...

Top 10 Tips to Deep Cleaning Your Kitchen | Cleaners of London

The kitchen is the most popular room in the house. It’s the hub that parties revolve around, the command...

Popular Blogs
Best SEO Strategies

Best SEO Strategies What is SEO? How Search Engines Work SEO Basics Search Engine Optimisation...

Improve SEO Rankings with On-Page & Off-Page SEO

Ranking of Search Engines Ranking of Search Engines On Page SEO Off Page SEO Find Keywords for...

The R&D Credit | a Valuable Asset Every Business Needs

How Did The R&D Grand Credit Start? The R&D relief first began in 1981. The world knows it as the...

Recently Added Blogs
Cardiology Near Me | St.Theresa Hospital, Hyderabad

Cardiology Unit of St. Theresa’s Hospital is committed to provide the best services in cardiac health care...

House clearance: 7 top ideas for a worry-free move

Transferring to a new residence is interesting-- you get a fresh start, new opportunities, and the...

How to hire Angular developer? Definitive Guide!

It has been almost a decade since the Angular brand has been a part of the JS (JavaScript) framework. It has...