Ebay: Expanding Into Asia

Essay specific features

 

Issue:

Business

 

Written by:

Kenneth A

 

Date added:

January 15, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

8 / 2041

 

Was viewed:

4323 times

 

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Essay content:

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...
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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. The overall strategy of eBay consists of three primary areas: products, sense of community, and aggressive expansion...
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