Sector: Consumer Discretionary|Industry: Internet Retail|Market Cap: $30.71B|Employees: 12.3K
eBay Inc. is a global commerce leader that connects buyers and sellers through its online marketplace platform, enabling transactions for a wide variety of goods. The company's primary revenue streams are derived from fees collected on paid sales, payment processing, and first-party advertising. eBay operates in over 190 markets, with a strong presence in the United States, the United Kingdom, Germany, and Australia.
eBay Inc. is a global commerce leader that connects buyers and sellers through its Marketplace platforms. The company's technology empowers millions of users in over 190 markets, facilitating the discovery of great value and unique selection. eBay's business model is designed to succeed when its sellers are successful, earning revenue primarily through fees on paid sales, including payment processing and first-party advertising. The company's Marketplace platforms include its online marketplace at www.ebay.com, localized counterparts, off-platform businesses in Japan and the United States, and a suite of mobile apps. In 2023, eBay enabled more than $73 billion of gross merchandise volume.
eBay's main product categories include:
eBay also offers Promoted Listings products to help sellers improve conversion and drive velocity, and provides managed payments for all transactions on its Marketplace platforms.
eBay operates primarily through one reportable segment, Marketplace, which includes its online marketplace, localized counterparts, off-platform businesses in Japan and the United States, and mobile apps. Revenue is primarily generated through fees collected on paid sales, payment processing, and first-party advertising.
eBay's strategy is to leverage technology to enhance the marketplace experience for customers and drive growth in Gross Merchandise Volume (GMV). The company focuses on building compelling category experiences, becoming the partner of choice for sellers, and strengthening trust with buyers. Key initiatives include expanding Promoted Listings offerings, the eBay International Shipping program, and the Authenticity Guarantee service. eBay is also focused on achieving 100% renewable energy in its operations and data centers by 2025 and has set Science Based Targets for all three scopes of its emissions.
eBay operates in a highly competitive ecommerce market, facing competition from online and offline retailers, distributors, liquidators, auctioneers, and other commerce participants. Key competitors include Amazon, Alibaba, Google, and other major platform businesses. eBay competes on the basis of price, product selection, services, and global scale.
(Generated from latest 10-K filing)