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Amazon selling fees include referral fees and closing fees or a monthly fee for pro merchants.
That was in 1995, and when three years later e Bay went public, Omidyar and his associate Jeffrey Skoll both became billionaires.
Today e Bay is the world’s third largest marketplace with over 150 million active users worldwide.
It has a growing following and currently attracts over 250,000 visitors a month and has around 15,000 sellers.
Etsy is an entirely different kind of online selling site.
As the name suggests, e Bid is essentially an auction site and was launched in 1998.