eBay Inc. was formed as a sole proprietorship in September 1995, and was incorporated in California in May 1996. In April 1998, it was reincorporated in Delaware and in September 1998 the company completed the initial public offering of their common stock. The main executive offices are located at 2145 Hamilton Avenue, San Jose, California, 95125, and the telephone number is (408) 376-7400. eBay operates one of the Internet's most popular e-commerce destinations and a well known online payments company (PayPal).

Sales are expected to climb 69% in 2003, and to gain about 50% annually through 2005, on organic growth in registered users, listings and

The number of items listed on the Web site was 638.3 millions (up 51% from 2001)

In their book ¡§E-Commerce¡¨, Laudon and Traver explained that eBay.com is the one Web site that has been profitable from day one and has stayed so for several years, making it one of the premier online businesses to invest in.

Gross profit was $1,000,224,000 in 2002 (up 63% from previous year)

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