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Topic: Business
Number of pages / Number of words: 10 / 2554
Essay's paper body

This means that eBay users worldwide trade more than $1,900 worth of goods on the site every second. Since its initial public offering in 1998, the company has continued to innovate and connect people - and not just through its marketplaces. Two critical acquisitions have made eBay Inc. a global leader in online payments and communications as well...


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a global leader in online payments and communications as well. Also, eBay owns subsidiaries which are PayPal, Skype, and other businesses. Today, eBay acquired one of the fastest growing online ticket sellers, StubHub, for $307 million in 2007.

2. Questions

2.1 What is competition like in the online auction industry? How strong are the competitive pressures confronting eBay and other online auction firms?

The online auction industry is very competitive and developing rapidly now...


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General points of the essay

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