Ebay: Expanding Into Asia
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Title: Ebay: Expanding Into Asia

Essay Details:

Subject: Business
Author: Jeffry W
Date: December 8, 2016
Level: University
Grade: B
Length: 7 / 2041

Essay text:

The site was based on five main values: people are basically good; everyone has something to contribute; an honest, open environment can bring out the best in people; everyone deserves recognition and respect as a unique individual; and you should treat others the way you wanted to be treated. The online auction website did not initially charge user fees, but as popularity grew, a listing fee was implemented. These fees did not affect the number of bids and Omidyar realized that eBay could potentially be a profitable operation. Three years after eBay was founded, an initial public offering made the owner and company president instant billionaires...

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