Out of the ashes of a trademark-infringement settlement and an investors’ lawsuit, Michael Berman is hoping to turn the assets of a former online-auction firm into the next big bidding Web site. After a year at the helm of AuctionCities.com Inc., Chief Executive Officer Berman has taken the company public and built its staff to eight […]
Over 2,300 bidders from 39 countries including 48 U.S. states registered to participate in Ritchie Bros. Auctioneers’ (TSX:RBA)(NYSE:RBA) Houston, TX unreserved auction last week. Bidders vied for 2,852 trucks and industrial equipment items on Thursday and Friday August 25 and 26, generating a total of over US$24 million in gross auction sales.
The sale’s strong […]
Adam Smith wrote Wealth of Nations in 1776 creating the invisible hand concept. Today, “eBay”© comes closest to Smith’s theories in meeting the wishes of sellers with the wants of consumers. “eBay UK” has over 10 million users, in some cities like Cambridge and Norwich over 40% of the population are registered. “ebay” is the […]
The original 50-star U.S. flag — created and sewn by Saginaw native Robert G. Heft — attracted 7,839 hits but no bidders during its first 10-day Internet auction on eBay.
Heft has relisted the flag, again starting the bidding at $250,000, in another 10-day auction that ends at 10:30 p.m. Thursday, Sept. 8.
Heft, who lives in […]
AuctionCities.com, Inc, the originator of “Micro-auctioning,” local geographically oriented online auctions; today announced that they will create a unique automotive-focused marketplace using their innovative technology platform. The AuctionCities.com Automotive Marketplace will target both business-to- business (B2B) as well as business-to-consumer (B2C) markets.
AuctionCities.com intends to include the inventory databases of major national automotive aggregators into its […]
WhaBam Inc. has launched an online auction site . The site offers auction and fixed-price format listings that can be up to 30 days in duration, as well as wanted listings for buyers who post items they are looking to purchase. The site charges sellers a monthly fee ranging from $9.95/month (with permission to list […]
A man is selling his 11-year-old rusty car — complete with a roof-mounted missile.
Dave Beck is selling his Pontiac Sunbird on the eBay.com Internet auction site. It comes complete with the fake missile made from yellow “Support the Troops” magnetic ribbons as well as pipe and wood.
Beck is an artist and […]