eBay was founded on September 3, 1995, by Iranian-American computer programmer Pierre Omidyar. It is an American multinational e-commerce corporation based in San Jose, California. It was the first online auction site allowing person-to-person transactions. Interestingly, eBay was initially called AuctionWeb but changed its name to eBay in September 1997. Through its website, eBay facilitates both customer-to-customer sales and business-to-consumer sales. As of 2019, eBay was in operation in 32 countries. On the eBay website, people and businesses buy and sell a wide range of goods and services globally. Online auctions are also held on the website. Goods bought and sold on eBay include collectibles, appliances, décor, equipment, furnishings, domain names and even vehicles. One can auction anything legal, including seized and confiscated goods, on the website. However, some items such as firearms and ammunition are not offered on the site as stipulated in the eBay Prohibited and Restricted Items Policy.
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