Why has eBay succeeded as an online auction marketplace while so many others have failed?

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Why has eBay succeeded as an online auction marketplace while so many others have failed?

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Why has eBay succeeded as an online auction marketplace while so many others have failed?
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(4)

5.0

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4

december 2019

2019/2020
In 1995, Pierre Omidayar, a French-Iranian immigrant, wrote the code for an auction Web site where everyone would have equal access to a single global marketplace. Omidayar couldn’t believe it when a collector bought the first item, a broken laser pointer, for $14.83.* Soon the site grew into a broader auction site where consumers could auction collectibles such as baseball cards and Barbie dolls. The momentum continued when individuals and small businesses discovered that eBay was an efficien...
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