Founded in 2005, as a multinational e-commerce company based in San Jose, CA. The first item that was sold on eBay was a $14.83 laser pointer. Globally, 62 million users access the platform. Today, eBay is worth $27.29 billion.
One of the biggest downfalls is eBay’s fees, which increase with higher transactions. It is also home to some of the largest scammers.