Place of open market madness. Place where sales of commonly priced items are inflated by auction fever. Place where people market seemingly rare items only for you to find them on their website later, and usually cheaper.
Founded in September 1995, eBay (www.ebay.com) is an online marketplace for the sale of goods and services by a diverse community of individuals and businesses. Today, the eBay community includes tens of millions of registered members from around the world. It has been reported that people spend more time on eBay than any other online site, making it the most popular shopping destination on the Internet.
Bay Inc. is an American Internet company that manages ebay.com, an online auction and shopping website where people and businesses buy and sell goods and services worldwide. eBay also owns Pay Pal, Skype, and other businesses.