eBay is an online auction and shopping website in which people and businesses buy and sell a variety of goods and services. It is one of the world's largest online marketplaces, with more than 164 million active buyers and more than $88 billion in annual sales. The company was founded in 1995 by Pierre Omidyar in San Jose, California. eBay became a household name in the late 1990s and early 2000s when it became popular for its user-generated content site, where people could buy and sell items. Today, eBay is a global commerce platform, where users can buy and sell items from anywhere in the world.