e Bay Inc. is the world's largest and most popular person-to-person trading community on the Internet. eBay pioneered online person-to-person trading by developing a web-based community in which buyers and sellers are brought together in an efficient and entertaining auction format to buy and sell personal items such as antiques, coins, collectables, computers, memorabilia and toys. The eBay service permits sellers to list items for sale, buyers to bid on items of interest and all eBay users to browse through listed items in a fully automated, topically-arranged, intuitive and easy-to-use online service that is available 24 hours a day, seven days a week.

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