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Shvoong Home>Internet & Technology>www.ebay.com Summary

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www.ebay.com

Website Review by: EunicePaim    


This abstract was translated from www.ebay.com
This is a summary on the site ebay.com, which belongs to eBay Inc., an American firm that manages the Internet website of
this auction and shop online, where people and companies buy and sell products and services around the world. In addition to its website American original, eBay has established websites sites in several other countries. EBay Inc also owns the PayPal, Skype, and other companies. This website of online auction was founded in San Jose, California, on September 13, 1995, by a computer programmer Pierre Omidyar and was called AuctionWeb. Millions of tools, parts of collection, computers, furniture, equipment, vehicles and other miscelaneas are listed, bought and sold daily. In 2005, eBay launched the category of Industry & Trade, by entering the market for the wholesale industries. Some items are rare and valuable, while many others are not useful tools, which would be discarded if not for the thousands of eager buyers around the world. Everything can be sold, since it is not illegal and does not violate the rules of eBay as the Forbidden items and Restricted. Services and intangible assets can be sold. Large international companies, such as IBM, sell their newest products and offer services on eBay, using competitive auctions and shop windows with fixed prices. For deals type auctions, the first bid will be at least the value of the minimum bid decided by the seller. Regardless of the value of the first bid, eBay only displays the value of the minimum bid, according to the current high bid, until a second bid is made. After the first bid be made, each subsequent bid must be equal to the current highest bid displayed another bid increment. The bid increment is established by eBay, based on the value of the current high bid displayed. Regardless of the value of the bid for each subsequent purchaser, eBay will display the lowest bid and the value equivalent to the highest bid made by the buyer up one more bid increment. The arrematador paid the amount that eBay displays, not the real value of the bid. For Dutch Auctions, which are auctions of two or more identical items, sold in an auction, each buyer enter both with the bid as with the number of items you want to buy. Until the total number of items desired by purchasers if nadgradi the total of items offered, buyers can make the bid of any amount greater than or equal to the minimum bid. When the total number of items desired by purchasers is larger than the number of items offered, each buyer is required to make a full bid increment above the current bid winner displayed. All arrematadores pay the lowest bid winner, also
Published: January 26, 2008
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