The Birth of eBay | On This Day

Let's take a look back in history to today, the birth of eBay, September 3rd, 1995, when Pierre Omdier launched a website called Auction Web, selling a laser pointer, and a broken laser pointer at that, $14.83%. But it actually started a revolution. At the time, Auction Web was largely a hobby, but Omir eventually realized he was on to something and formalized the business under the name Echo Bay Technology Group.In a little more than a year, it processed at least 200,000 auctions and by 1997 decided to sho ...