eBay Introduces a Better Half

eBay's Half.com Adds Hundreds of New Product Categories in Its Initial Move

To Dramatically Expand Fixed-Price Offerings to Consumers



Apr 19, 2001, 01:00 ET from eBay, Inc.

    SAN JOSE, Calif., April 19 /PRNewswire/ -- 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 (Nasdaq:   EBAY) plans to add fixed-price
 offerings to its vibrant trading community.
     (Photo:  http://www.newscom.com/cgi-bin/prnh/19990423/EBAYLOGO )
     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.
 
     "We've always prided ourselves on how easy it is to shop on Half.com,"
 said Joshua Kopelman, the company's president and founder.  "The new
 categories and products, plus our new features, make Half.com an even better,
 more exciting place for people to find the products they want at a great
 price.  We look forward to providing even more product categories for our
 buyers and sellers in the future."
 
     About Half.com
     The award-winning Half.com, an eBay company, is the largest fixed price
 person-to-person marketplace on the Internet, where people can easily buy and
 sell new and used products, combining the bargains of an auction with the ease
 of purchasing from a retailer.  Founded in July 1999, it is one of the most
 visited shopping sites on the Internet, and through its ever-growing community
 of sellers, offers more than 15 million items for sale in hundreds of product
 categories.  Half.com's phenomenal growth and complementary business model
 drew the attention of eBay, the world's largest personal online trading
 community, which acquired Half.com in July 2000.  Half.com can be reached on
 its web site at www.half.com.
 
     About eBay Inc.
     eBay (http://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.
     NOTE:  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.
 
     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
 
 

SOURCE eBay, Inc.
    SAN JOSE, Calif., April 19 /PRNewswire/ -- 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 (Nasdaq:   EBAY) plans to add fixed-price
 offerings to its vibrant trading community.
     (Photo:  http://www.newscom.com/cgi-bin/prnh/19990423/EBAYLOGO )
     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.
 
     "We've always prided ourselves on how easy it is to shop on Half.com,"
 said Joshua Kopelman, the company's president and founder.  "The new
 categories and products, plus our new features, make Half.com an even better,
 more exciting place for people to find the products they want at a great
 price.  We look forward to providing even more product categories for our
 buyers and sellers in the future."
 
     About Half.com
     The award-winning Half.com, an eBay company, is the largest fixed price
 person-to-person marketplace on the Internet, where people can easily buy and
 sell new and used products, combining the bargains of an auction with the ease
 of purchasing from a retailer.  Founded in July 1999, it is one of the most
 visited shopping sites on the Internet, and through its ever-growing community
 of sellers, offers more than 15 million items for sale in hundreds of product
 categories.  Half.com's phenomenal growth and complementary business model
 drew the attention of eBay, the world's largest personal online trading
 community, which acquired Half.com in July 2000.  Half.com can be reached on
 its web site at www.half.com.
 
     About eBay Inc.
     eBay (http://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.
     NOTE:  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.
 
     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
 
 SOURCE  eBay, Inc.