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Marketplace and Platform Models

Named models built around a platform, exchange or price-discovery mechanism that connects multiple independent buyers, sellers or participants, including a general online marketplace, a platform business connecting distinct user groups, price set through competitive bidding upward or downward, buyers pooling volume for a discount, and a catalog strategy that profits from many low-demand items rather than a few bestsellers. Belongs here: any model whose defining act is facilitating exchange or discovery among many independent parties rather than the operator selling its own inventory directly. Does not belong here: a company selling its own goods through a fixed channel with no independent third-party participants, grouped under Direct Sales and Distribution Channels.

Facts
Comparison
Originating Era
1995 1
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Sources
1. Wikipedia: eBay
WikipediaLead section
Quote, Lead section
eBay Inc. ( EE-bay, styled as ebay) is an American multinational e-commerce company based in San Jose, California, that allows users to buy or view items via retail sales through online marketplaces and websites in 190 markets worldwide. Sales occur either via online auctions or "Buy It Now" instant sales, and the company charges commissions to sellers upon sale. eBay was founded by Pierre Omidyar in September 1995.
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