Press Releases 2001
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eBay Expands Live Auctions- April 25, 2001

San Jose, April 24, 2001 –eBay Inc. (NASDAQ: EBAY; www.ebay.com), the world's leading online trading community today, announced an expansion of its Live Auctions tool by adding new product categories and support for 17 different monetary currencies. This will open the doors of traditional auction houses to eBay’s marketplace, and enable trade internationally between bidders and auction houses around the world.

Live Auctions is a proprietary technology developed by eBay which allows online bidders to participate in the excitement of a traditional auction by transmitting online bids from a user’s home or office computer to the bidding floor of an auction house.

Initially developed for eBay Premier’s high-end arts and antiques market, eBay Live Auctions is now available in twelve unique categories, including automobiles, wine and specialty auctions. In addition, Live Auctions will now be featured from the eBay home page or directly at www.ebayliveauctions.com. Items showcased on eBay Live Auctions come from authorized auction house members. All Live Auctions items are covered by the traditional guarantee offered by many auction houses.

“We are in a unique position at eBay to be able to provide a powerful medium for the traditional auction industry -- whether fine art auctions, wine, industrial equipment, real estate or autos,” said Geoff Iddison, general manager of eBay Premier. "Live Auctions will open up the traditional auction marketplace to a wider audience and make it possible for any auction house to sell items in eBay’s growing marketplace."

Since its roll out in September 2000, eBay Live Auctions technology has shown increasing success in generating strong bidding activity. To date, auction houses that have used Live Auctions technology have seen twenty percent of their lots sell to Internet bidders. Overall, thirty percent of their lots have received bids from Internet bidders.

The highest lot sold through eBay Live Auctions so far was a famous painting by Norman Rockwell called “The Dugout” which sold for $345,000 by Mastronet’s Robert Edward Auctions. Additionally, at the recent Butterfield’s Marilyn Monroe sale, 60% of the lots sold to bidders online.

A sampling of Live Auctions coming soon include:

eBay Motors And Autotrader.Com Announce Top Ten List Of Popular Used Cars--April 24, 2001

SAN JOSE, CA. (April 24, 2001) – -- eBay Motors and AutoTrader.com today announced their Top Ten List of the most popular used autos purchased through their co-branded web site. Issued to mark the site’s first year anniversary, the list is a compilation of used passenger cars sold through the site since April 24, 2000. The eBay Motors and AutoTrader.com co-branded automobile site can be found at www.ebaymotors.com.

"Activity on the site has really taken off, and today you can find almost every kind of car listed for sale,” said Simon Rothman, Vice President and General Manager of eBay Motors. “People seem to be getting much more comfortable with buying and selling vehicles online.”

“The Internet is changing the way used cars are bought and sold,” said Chip Perry, CEO of AutoTrader.com. “For many individuals and dealers, it increases choice and opportunity while making the transaction simpler and more convenient.”

The top ten used cars purchased through the eBay Motors and AutoTrader.com co-branded auto site are:

1. Ford Mustang 2. Chevrolet Corvette 3. Chevrolet Camaro 4. BMW 3-Series 5. Mercedes-Benz 300-Series 6. BMW 5-Series 7. Volkswagen Beetle 8. Mercedes-Benz SL-Class 9. Jaguar XJ6 10. BMW 7-Series

eBay Motors ( www.ebaymotors.com ), a part of eBay Inc., the world’s online trading community, is an auction-style marketplace for buying and selling all things automotive. eBay teamed up with AutoTrader.com on March 6, 2000 and launched www.ebaymotors.com on April 24, 2000. At any given time, the co-branded site has a wide variety of used vehicles listed for sale, from Acuras to Volvos and all makes and models in-between. The site also features collector cars and motorcycles as well as auto parts and automobilia.

eBay Adds Active Decisions’ Buyer’s Guide To Computer, Photo And Electronic Categories - April 23, 2001

San Jose, CA, April 23, 2001 - Don’t know which computer, electronic or photo product to purchase? Now consumers have easy access to a leading product recommendation service on the eBay site. Today, the world’s largest online trading community (NASDAQ: EBAY; www.ebay.com ) announced that it has selected Active Decisions, Inc., a supplier of eCRM decision-support applications, to bring Active Buyer’s Guide® to eBay’s vibrant marketplace of 29 million registered users and nearly half million computer, electronics and photo equipment items.

Active Buyer’s Guide provides online bidders with unbiased recommendations that best fit their needs and individual preferences. When in the computers, electronics or photo Categories, eBay users simply click on the “Don’t know what to buy?” button and are immediately taken to Active Buyer’s Guide. Users answer a few questions to pinpoint their product requirements and receive a personalized recommendation based on their responses. With this information a bidder can judge how well a given product meets their specific needs before searching and bidding on that product.

“eBay’s goal is to the satisfy the needs of our community. Providing an unbiased, practical service like Active Buyer’s Guide will help eBay users with their purchase decisions of computers, electronics and photo equipment,” said Bob Hebeler, eBay vice president of categories and community. “Active Decisions has one of the most robust recommendation engines available. We’re happy to team up with them and together add value to our users’ experience.”

“With this alliance, eBay signals once again, that user needs come first, and that providing a positive buying experience remains at the forefront of its philosophy,” said Daniel Greenberg, vice president of marketing at Active Decisions. “Our leading recommendation engine enhances the eBay marketplace by understanding a buyer’s individual needs and making a recommendation based on their given requirements.”

About Active Decisions’ Technology
Active Decisions automated sales assistance technology, found in Active Buyer’s Guide for portals, infomediaries, publishers; and Active Sales Assistant for merchants offers personalized sales assistance, while at the same time collecting continuous and real-time buyer preference information from more than one million shoppers each month. Active’s automated sales assistance products can be quickly and easily incorporated into existing e-commerce and eCRM solutions and increases sales by helping customers find the products they want based on their personal preferences.

eBay (Nasdaq: EBAY; www.ebay.com ) is the world’s online trading community. Founded in 1995, eBay created a powerful marketplace for the sale of goods and services by a passionate community of individuals and small businesses. On any given day, there are millions of items listed on the site across thousands of categories. eBay enables trade on a local, national and international basis with local sites in 60 markets in the United States and country-specific sites in the Australia, Austria, Canada, France, Germany, Ireland, Italy, Japan, Korea, New Zealand, Switzerland and the United Kingdom. With the acquisition of Half.com in July 2000, eBay’s community now benefits from a marketplace combining traditional auction-style trading and Half.com’s set-price trading.

About Active Decisions
Active Decisions, Inc., is a leading supplier of eCRM decision-support applications. The company’s products increase customer revenues by providing automated sales assistance to drive higher e-commerce conversion rates and sophisticated market analytics to optimize the marketing and product assortment mix. Active Decisions products are designed for manufacturers and retailers of complex consumer products, including consumer electronics, computer equipment, appliances, automobiles, and financial services.

Named a “Hot 100” company by Upside Magazine, more than 80 Fortune 500 companies, leading portals, and ecommerce sites use Active Decisions technology to generate sales and to make critical marketing decisions. Active Decisions customers include Best Buy Co., eBay Inc., E*TRADE, Ford Motor Company, goodguys.com, Hewlett Packard, Intel, Lycos, McKinsey & Company, mySimon, Palm, Sony Electronics, and Yahoo!. Founded in 1997, Active Decisions (formerly Active Research) is based in Burlingame, Calif. and on the Web at www.ActiveDecisions.com and www.ActiveBuyersGuide.com .

eBay Inc. Announces First Quarter 2001 Financial Results-April 19, 2001

San Jose, CA, April 19, 2001 –eBay Inc. (NASDAQ: EBAY; www.ebay.com), the world's largest online trading community, reported financial results for its first quarter ended March 31, 2001.

eBay reported consolidated net revenues of $154.1 million in the first quarter of 2001, representing a 79% increase over the $85.9 million generated in the same period last year. Consolidated net income for the quarter was $21.1 million, or $0.08 per diluted share. eBay's consolidated net income excluding the effects of certain non-cash and stock-related charges was $30.6 million, or $0.11 per diluted share, which compares to the First Call consensus estimate of $0.08 per diluted share.

"eBay's momentum continues to accelerate," said Meg Whitman, President and CEO of eBay. "Across all important metrics, we had a great quarter. It's very exciting to see more and more buyers and sellers discovering the value of eBay's global marketplace."

Key financial and operating metrics:
Online Net Revenues - eBay reported online net revenues of $147.4 million, representing 90% year over year growth and 20% sequential growth from the $77.4 million reported in Q1-00 and $123.1 million reported in Q4-00.

Gross Margin - eBay reported a gross profit of $127.1 million or 82% of net revenues during the quarter, compared to gross margins in Q1-00 of 73%.

Pro Forma Net Income - eBay's pro forma net income, excluding certain non-cash and stock related charges, was $30.6 million, or $0.11 per diluted share. This represents a 592% increase over Q1-00 pro forma net income of $4.4 million.

Gross Merchandise Sales - eBay users transacted a record $1.980 billion in GMS during the first quarter, representing a 72% year over year and 23% quarter over quarter increase from the $1.15 billion reported in Q1-00 and $1.616 billion reported in Q4-00.

Registered Users - eBay added over 7.2 million users during the quarter to end Q1 with 29.7 million registered users. Included in this number for the first time are 3.2 million registered users from Internet Auction Co. in South Korea. Excluding South Korea, registered users increased 110% over the number at the end of Q1-00. The average cost per registered user acquired during the quarter was approximately $14.

Listings - eBay hosted 89.0 million listings during the quarter, representing 66% year over year growth and 12% sequential quarterly growth.

Key execution highlights:
Internet Auction Co. - Completed the acquisition of a majority interest in Internet Auction Co. Ltd., South Korea's largest auction-style web site, on February 15.

iBazar S.A. - Announced the acquisition of iBazar S.A., the European pioneer in online trading.

New International Sites - Launched eBay Italy on February 21, and rolled out service to Ireland, New Zealand and Switzerland the week of March 26.

Microsoft Alliance - Formed a strategic alliance with Microsoft to extend the API via .Net technologies, integrate eBay's marketplace into select MSN sites worldwide as well CarPoint, bCentral and WebTV in the US, and deploy Microsoft hardware to support these new initiatives.

eBay Motors - During the first quarter, completed transactions on eBay Motors generated gross merchandise sales of approximately $260 million, which translates into an annualized GMS run rate of over $1.0 billion.

Online Payments - The Billpoint payment service continued to see increasing adoption rates, which drove a 124% sequential increase in transactions that were completed with the service.

Buy It Now - Buy it Now, an option that allows buyers to instantly buy an auction item, continued to gain traction and in March, was being offered on nearly 30% of listings.

Technology Infrastructure - To reduce the likelihood of a system-wide outage caused by a single point of failure, migrated 75% of site database structure, including feedback, most categories and core functionality to a distributed environment. Quarterly site availability exceeded 99%.

500 Millionth Auction - On March 19, the Company celebrated the 500 millionth listing on the eBay site by honoring 28 sellers who had listed items across multiple categories, including a silk dress, a beanie baby, a 50s Chevy speedometer, a Nintendo system and a Dean Koontz book.

Financial and Operating Summary
The sequential increase in eBay's net revenues was driven by broad-based growth in the online business, including strength in the U.S. businesses, very strong international growth and continued success in the expansion of partnership and advertising revenues. The Company reported online net revenues of $147.4 million, representing a 90% year over year increase. Net revenues from eBay's off-line segment decreased to $6.7 million in the quarter, as compared to the $8.5 million in the first quarter of 2000. The sequential decrease in offline net revenues was primarily attributable to the Company's Butterfields subsidiary.

Gross margins improved as a percentage of net revenues versus the prior quarter, primarily due to strong net revenue growth, continuing productivity improvements in customer support and cost management in site operations. Sales and marketing expenses increased on an absolute basis to $55.5 million but decreased as a percentage of net revenues from 46% in Q1-00 to 36%. Product development costs increased to $15.7 million, or approximately 10% of net revenues, down from 14% of net revenues in Q1-00. General and administrative costs of $21.3 million increased on an absolute basis, but were down sharply from 20% of net revenues in the year ago quarter to 14%.

For the first quarter, net interest and other income was negatively impacted by a $9.9 million write-down to reflect the decreased market value of eBay's small portfolio of strategic investments. In addition, the Company recognized other non-cash charges for stock-based compensation, amortization of intangible assets and other special items totaling $4.3 million.

eBay recorded a consolidated tax provision of $15.4 million, representing a 42% effective tax on Q1-01 consolidated pre-tax income.

eBay's balance sheet remains very strong as the company ended the quarter with consolidated assets of $1.3 billion, including $850 million in cash and investments. The decrease from the fourth quarter balance of $901 million resulted from the $120 million cash acquisition of Internet Auction Co., partially offset by positive cash flows from operations of approximately $40 million.

Business Outlook
Despite signs of a broad economic slowdown, the Company remains confident in its strategy and near-term opportunities for its online trading platform.

With strong momentum from its core U.S. and international businesses in the current quarter, and the strength of its newer businesses, such as fixed price trading, Billpoint online payments and eBay Motors, eBay now believes that consolidated net revenues over the next two quarters could be as much as $10 to $15 million higher than previously anticipated.

Gross margins are expected to remain above 80% for the balance of the year, even as the company continues its investments in technology and works toward completing the integration of its newest international subsidiaries. As in prior quarters, the Company believes it is appropriate at this growth stage to continually re-invest potential upsides in revenue back into the business. In addition, given eBay's reasonably well established pattern of seasonality that leads to slower growth in the second and third quarters, management expects that sequential growth in the next few quarters will be lower than that experienced in Q1-01 and remains generally comfortable with the current bottom line consensus expectations, as adjusted for the acquisition of iBazar. The iBazar acquisition is expected to close in Q2-01, subject to regulatory approval.

About eBay
eBay is the world's largest on-line trading community. Founded in 1995, eBay created a powerful marketplace for the sale of goods and services by a passionate community of individuals and businesses. On any given day, there are millions of items for sale on the site across thousands of categories. eBay enables trade on a local, national and international basis with local sites in 60 cities in the US and country specific sites in the UK, Canada, Germany, France, Italy, Australia, South Korea, Japan, Switzerland, New Zealand, Ireland, and Austria. With the acquisition of Half.com in July 2000, eBay's community now benefits from a marketplace which includes traditional auction and fixed-price trading.

Forward Looking Statements
This announcement contains forward looking statements that involve risks and uncertainties, including those relating to the Company's ability to grow its business and user base. Actual results could differ materially from those discussed. Factors that could cause or contribute to such differences include, but are not limited to, the Company's need to manage both an increasingly broad range of businesses and significant growth, to deal with the increasingly competitive environment for online trading, to manage regulatory and litigation risks, to maintain site stability and to continue to expand its model outside of the U.S., as well as the timing and commercial success of new features and functions expected to be added to the Company's sites, the price and demand for advertising offered by the Company, the success of the Company's commercial partners and the costs of announced and prospective joint ventures, acquisitions and other commercial transactions. More information about potential factors which could affect the Company's business and financial results is included in the Company's Form 10-K for the period ended December 31, 2000 under the headings "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations." All forward looking statements are based on information available to the Company on the date hereof, and the Company assumes no obligation to update such statements.

Investor Relations Contact:	Mark Rubash 408-626-5307
Media Relations Contact:	Kevin Pursglove 408-558-7458
Investor Information Request:	408-558-7493 or email to investor_relations@ebay.com
Company News On Call:	http://www.prnewswire.com
Press Release fax-on-demand service:	800-758-5804, ext. 132637

eBay Introduces A Better Half-April 19, 2001

SAN JOSE, Ca., April 19, 2001 — After soaring into the Internet’s top retail ranks last year, Half.com today introduced hundreds of new categories for consumers and businesses to buy and sell new, overstocked, remaindered and used products in four areas: consumer electronics, computer equipment, sporting goods and trading cards. This move significantly expands Half.com’s popular marketplace in books, music, movies and video games, and is a major step forward in eBay’s plans to add fixed-price offerings to its vibrant trading community.

With the addition of these new categories, Half.com’s current item listings increased to more than 15 million, up from 10 million items three months ago. The product categories now offered on Half.com account for 47% of all projected Internet sales in 2001, according to Jupiter Research. The company will continue to add more categories throughout the year, expanding its product offerings even further.

“This is a very important step for eBay,” said Meg Whitman, eBay’s president and CEO. “Half.com is already a leader in its market and this move should only increase Half’s value to consumers. Fixed-price trading is quickly becoming an important part of eBay’s thriving global marketplace.”

Through Half.com’s expanded marketplace, consumers can find bargains on hundreds of new products, such as laser printers, digital cameras, laptop computers, monitors and baseball bats and gloves, and can make extra money selling the products they no longer want or use. With this expansion, Half.com also introduced features that both enhance the retail experience for shoppers and streamline the selling process for sellers, including:

• Power Shopper and Product Advisor, new search capabilities that help shoppers find exactly what they want even faster;
• Product Recommendations, offering shoppers more product selection and purchasing options;
• Buyer/Seller Communication, enabling shoppers to directly ask sellers questions before they buy a product;
• Direct Deposit, allowing sellers to receive their money faster through electronic funds transfer; and
• Expanded Buyer Protection Policies, accommodating the higher value of many of the items sold in the new categories.

Half.com is a trademark of Half.com Inc. Visit http://www.half.com for all details. All other product names mentioned herein may be trademarks and/or registered trademarks of their respective companies.

Copyright ^© 2001 Half.com, Inc. All rights reserved.

Editor’s Note: Through Half.com’s expanded marketplace, consumers will find bargains on hundreds of products, and can easily make extra money selling the products they no longer want or use. Examples of the savings consumers can find today include:

Product	Half.com Price	Price range for similar product (online)*
TiVo Digital Video Recorder - 30 Hour Unit (Philips Model HDR312)	$219.95	$330 - $349
Panasonic Cordless Phone (Model #kx-tg2550)	$69.00	$99 - $165
Coleman Arapaho Sleeping Bag	$39.00	$49.95
Olympus Digital Camera (Model #D-460-Z)	$240.00	$258 - $349
Compaq Presario Portable Computer (Model #12XL300)	$809.97	$835 - $1,403
Rawlings Baseball Glove	$30.52	$39.99
Philips DVD Player (Model #DVD711)	$149.95	$189 - $199

Quantities, pricing and availability will vary due to supply and demand. Prices and availability as of 4/19/01
*Source: MySimon.com