SPD4290 eBay

Nowadays, e-shopping has become more and more popular. And eBay is the one of the well-known website in the world. eBay is one of the social network service which focuses on building online communities of people who share interests .Social networking has encouraged new ways to communicate and share information or even trading the products, such as eBay.

eBay Inc. is an American Internet company that manages eBay.com, an online auction and shopping website in which people and businesses buy and sell a broad variety of goods and services worldwide. A majority of the sales take place through a set-time auction format, but subsequent methods include a substantial segment of listings in the "Buy It Now" category. In addition to its original U.S. website, eBay has established localized websites in thirty other countries. eBay Inc. also owns PayPal, Skype and other businesses.

But now you may think that why online store (such as eBay) can be so successful? Acutally it's because they provide a very convenient way for pepole to buy things online and the price is always relatively cheaper than you buy from the stores. And the founder of eBay can start this business with a small amount of capatial. But they can generates revenue from a number of fees: such as fees to list a product; fees to several optional adornment; and also theynow own the PayPal payment system which has fees of its own.

eBay, Wikipedia, [Online], Available:http://en.wikipedia.org/wiki/E-bay[09