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For your information, you can find below the description of the video The Birth of eBay | On This Day published by the Youtube channel Bloomberg Television:
On Sept. 3, 1995, Pierre Omidyar launched a website called AuctionWeb by selling a broken laser pointer for $14.83. What began as a hobby quickly evolved into a business, later formalized under the name Echo Bay Technology Group. Romaine Bostick explains how the company grew from that first quirky sale to more than $2 billion in gross merchandise volume, with today’s total nearing $80 billion.
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