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EBay can be used by individuals, companies and governments to purchase and sell almost any legal, non-controversial item. Buyers and sellers may rate and review each other after each transaction, resulting in a reputation system. The eBay service is accessible via websites and mobile apps. Software developers can create applications that integrate with eBay through the eBay API.

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Sales occur either via online auctions or "buy it now" instant sales, and the company charges commissions to sellers upon sales. EBay was founded by Pierre Omidyar in September 1995. It has 132 million yearly active buyers worldwide and handled $73 billion in transactions in 2023, 48% of which were in the United States. In 2023, the company had a take rate (revenue as a percentage of volume) of 13.81%.[1] The company is listed on the Nasdaq Global Select Market and is a component of the S&P 500 and formerly the Nasdaq-100.