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Pierre Omidyar, an Iranian-American computer programmer, founded eBay on September 3, 1995. eBay is an American multinational e-commerce corporation situated in San Jose, California. It was the pioneer online auction platform that facilitated person-to-person transactions. Interestingly, eBay was initially known as AuctionWeb but later changed its name to eBay in September 1997. The eBay website enables both customer-to-customer and business-to-consumer sales. Currently, as of 2019, eBay operates in 32 countries. People and businesses from across the globe utilize the eBay platform to buy and sell a wide array of goods and services. The website also hosts online auctions. eBay offers various items for sale, including collectibles, appliances, decor, equipment, furnishings, domain names, and even vehicles. The website permits the auctioning of legal items, including seized and confiscated goods. However, as outlined in the eBay Prohibited and Restricted Items Policy, certain items like firearms and ammunition are not permitted to be sold on the site.
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