Ebay celebrated its 30th anniversary by ringing the opening bell at the Nasdaq MarketSite on Sept. 3 and hosting a one-day-only pop-up shop in New York City on Sept. 4 that was themed to the year of the company’s founding — 1995.
The ’95 Shop, open on Grand Street in NYC for a single day, featured a boatload of ’90s nostalgia alongside a “Greatest Hits” auction across the fashion, collectibles and motors categories, a series of Ebay Lives from top sellers and other immersive experiences.
“Ebay’s 30th anniversary is an important milestone we share with our global community of buyers and sellers, who’ve been with us every step of the way,” said Jamie Iannone, CEO at Ebay in a statement. “Looking ahead, we’ll continue to leverage innovation and AI to make Ebay simpler and more trusted, while building a stronger marketplace for the decades to come.”
Ebay Focuses on Product Selection, AI for Future
At 30 years old, Ebay has achieved titan status in the world of ecommerce, ranking as the fourth-biggest platform for third-party gross sales volume in the world and the top American company on that list (spots 1. 2 and 3 through are taken by Taobao, Douyin and Kuaishou), according to Statista.
Advertisement
The company also is the third-largest ecommerce player in the U.S. by first- and third-party merchandise volume combined (after Amazon and Walmart), and the 10th-largest in the world in this category, according to ECDB.
Over the past few years, Ebay has made a concerted effort to maintain its digital dominance by increasing its third-party supply in key categories such as collectibles, fashion and auto, while also boosting trust in secondhand purchases and enhancing the shopping experience. Recent initiatives include:
- A series of Ebay Live traveling events;
- Enhancements to make it easier to buy and sell used cars; and
- A return to fashion week runways in London and New York this fall.
