Introduction
eBay is an e-commerce business-to-business and consumer-to-consumer platform. The American multinational is based in San Jose, California. eBay was founded by Pierre Omidyar. The company owns various companies that are mainly acquisitions. Most of eBay’s acquisitions are a part of its electronic business. The company has owned over 40 companies as of September 2014. Most of the ebays acquisitions are related to electronic business. Let us know about the Companies that Are Owned By Ebay. Here we can see some of the companies which owned by ebay. paypal and kijiji are some examples of ebay owned companies.
Companies Owned By eBay
eBay owns the following companies :
PayPal
PayPal is a financial technology multinational that operates online payment systems. Pay pal app provides you with an easy way to secure, spend, manage, and receive money. Pay Pal acts as a commercial processor for online businesses at a fee. The company was acquired in 2002 by eBay for one point five billion. With this, it became the default method for eBay payment. The company later added security support using the Veri sign and partnered with Master Card in 2007.
eBay Motors
eBay Motors is another online platform where you can find new and used vehicles, spare parts, and other vehicle deals that suit you. Various parts include brake and brake parts, mirrors, lighting, and exterior.
Half.com
Half.com is an online marketplace. It is a virtual place where buyers and sellers meet, and transactions are made. It is also a subsidiary of eBay that offers fixed prices sales for items like textbooks, music, video games, and video game consoles. The site has no physical inventory and is not a retail store. Sellers choose standard prices for their products and interested buyers’ purchase. Half.com was purchased by eBay in 2000 for three hundred fifty million dollars.
eBay Express
eBay express makes your shopping in the eBay marketplace easier. The specialty program allows you to buy conveniently and fast. There are no auctions and no waiting hours. As soon as you’ve identified the items you need, you can easily check out fast with one payment and get back to your schedules.
Kijiji
Kijiji is an online Canadian-based company that provides classified advertising services. The company was launched as a subsidiary of eBay in February 2005. It is used by more than a hundred cities in both Canada and Italy. For these cities, the brand posts various local advertisements. Its headquarters are in Ontario, Canada. Despite not having a huge success in the USA, Kijiji has recorded huge success in other areas.
Alando.de
Alando.de is a German online site. In 1999, Alando.de was acquired by eBay for forty-three million. Alando.de later turned into eBay.de.
Kruse International
Kruse international was an online auction site and the leading car auction center. The company has strong connections with various car dealers and collectors. It participated in various car auctions and the team can authenticate and appreciate various automobiles. On 18th May 1999, Kruse International was bought by eBay.
Micro Place
Micro place is a social business owned by eBay. It offers microfinance services to retail investors. It has the potential to make investments in the microfinance world and gives investors profits. It became a subsidiary of eBay in 2006.
eBay stores
eBay stores are online stores that allow you to sell inventory at fixed prices. Subscribing to an eBay store allows you to bring all your listings to one single place.
Sneaker con
Speaker con was founded in 2009 in New York. Sneaker Con has a huge following of people that gather to buy and sell footwear. Sneaker con launched its authentication business and in November 2021, eBay acquired sneaker con’s authentication business. In the service, eBay vets and verifies various sneakers by users in the marketplace.
eBay has made over 32 acquisitions over the years and twenty investments in various sectors. Whereas most of the acquisitions and investments have been successful, some of these investments did not work out as expected and eBay has divested in some sectors and economies.
Conclusion
There are multiple companies owned by EBAY and the article is the amalgamation of all the companies. The list above shows the most valuable acquisitions and other companies owned by eBay.
Frequently Asked Questions
Is skype owned by eBay?
Skype was acquired by eBay for two point six billion dollars in 2005. However, the acquisition did not perform as it was expected, and eBay sold the company to Microsoft Inc with a write-down of one point four billion dollars.
What Fintech company is owned by eBay?
PayPal is the Fintech company owned by eBay. eBay acquired pay pal in its early days in 2002.
How many countries does e bay operate in?
As of 2019, E bay has operations in about thirty-two countries across the world.
Does eBay operate in China?
eBay acquired each net as part of its expansion plan into the Chinese market. At first, the market was seemingly lucrative but was later unsuccessful due to many reasons.