Revenue and Usage Statistics (2023) - Business of Apps
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is an e-commerce platform, at first only providing customer-to-customer auction services, expanding into business-to-consumer shortly afterwards. In the 2000’s, went on a spending spree that saw it taking ownership of PayPal, Skype and Stubhub, although it has since relinquished ownership of all three businesses. It is one of the few success stories of the dot-com bubble, which fought through after going public in September 1998. By 2001, it was considered the world’s largest e-commerce website, and a year later it purchased payment service PayPal for $1.5 billion. In the early 2000s, purchasing items over the web from random strangers was not common. Before and PayPal, scams were frequent and there wasn’t much in the way of assurances that the item would arrive
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