Word: ende
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Dates: during 1990-1999
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...crates arrive at a central point where bar codes are matched with order numbers to determine who gets what. Your three items end up in a 3-ft.-wide chute--one of several thousand--and are placed into a cardboard box with a new bar code that identifies your order...
...into shape and got the company ready to go public. Within months of her arrival in early 1998, she was leading an eBay team on a road show to win over investors. On Sept. 24, 1998, the initial public offering took place, with shares offered at $18; by the end of the day the price had bounded up more than 160%, to $47. Omidyar, Skoll, Whitman and the rest of the eBay staff were suddenly rich. Back at the office, conga lines snaked through the hallways...
...Time was, Hoff says, when you could find eight-track tapes selling for a quarter at thrift shops. "Now everything goes for the highest price anyone in the world is willing to pay for it," she says. Hoff is worried that online auctions may ultimately spell the end of flea markets and thrift shops, and that an important slice of Americana will be lost...
...expand its reach dramatically. In October, eBay announced a new venture: eBay Great Collections, a new area on the site for antiques and fine collectibles. Along with the acquisition of Butterfield & Butterfield, the world's fourth largest auction house, Great Collections marks a move by eBay into the high-end market. (The average sale on eBay is currently about $40.) eBay has also begun rolling out local eBays, starting with eBay Los Angeles. The idea is to provide a local market for big items like cars and furniture that can't easily be shipped long distances and for location-specific...
...long as there has been an Internet, of course, there have been anti-Internet fuddy-duddies, pessimists who lament the end of face-to-face sociability as people retreat from the bustling public square to their computers for the anonymous encounters of cyberspace. With some justification, the pessimists can trace the decline of shopping, that most social of activities, from the mom-and-pop corner shop, where everyone knows everyone else, to the department store, where we might recognize one of the cashiers, and from there to the vast warehouse of the superstore, where no one knows anyone--and finally...