eBay Inc. is a multinational e commerce corporation based in San Jose California that facilitates consumer to consumer and business to consumer sales through its website. eBay was founded by Pierre Omidyar in 1995 and became a notable success story of the dot-com bubble. eBay is a multibillion dollar business with operations in about 30 countries as of 2011.The company manages eBay.com an online auction and shopping website in which people and businesses buy and sell a wide variety of goods and services worldwide. The website is free to use for buyers but sellers are charged fees for listing items after a limited number of free listings and again when those items are sold.[3]