Danlew.com

From the days where retailers were closing up their retail stores to come online in 1999, eBay Australia was launched by Kerry Packer’s ecorp and started off with 9000 members. Today they have 8 million registered users, and have generated 2.6 billion dollars worth of sales and have sold 173 million items and have recently celebrated eBay Australia Ten Year Anniversary

“The site has grown from an auction-based sales site with an average of 94,000 listings a month in 1999 to today’s online shopping phenomenon, averaging almost 80 times that number of listings each month.”

I remember back in the day where you could almost sell anything and it would sell, today this is still happening. It was reported that a Nutri Grain sold on eBay today for $1000, just 1 grain of Nutri Grain, how bizarre!

But even through growing times, eBay on the other hand is still cutting back on jobs as stated recently. With 1600 layed off in 39 countries, and 18 of those will also be cut in the land of Oz. They will then be investing in other ventures one company Bill Me Later .

For those of you who are not aware , Skype is owned by eBay but recently in September eBay sold 65% of Skype to a private equity firm Silver Lake Partners for 1.9 billion leaving ebay with 35% shares.