eBay is among the tech companies that have signed an agreement to standardise practices across online and social media on no trading of live animals or illegally sourced parts of animals that are in danger of extinction.

Etsy , Gumtree , Microsoft , Yahoo and Tencent have also signed this agreement. 

"It is tremendously encouraging to see that leading online marketplaces and social media platforms are fighting back against wildlife cybercriminals." 

This agreement includes only animals and illegally sourced parts.

The animals threatened with extinction or protected by national law are covered under this pact.

World Wildlife Fund, The International Fund For Animal Welfare and Traffic have partnered for this initiative.

International Fund for Animal Welfare campaigns manager Peter LaFontaine was quoted by Mashable.com as saying: "It is tremendously encouraging to see that leading online marketplaces and social media platforms are fighting back against wildlife cybercriminals to stamp out the illegal sale of endangered wildlife from their sites." 

This coalition is also holding negotiations with other companies.

eBay recently acquired Sweden-based big data analysis provider Expertmaker to offer simpler product cataloguing to consumers.