Online Auctions

295 posts

Kenya Online Auction Site Announced

A group of London based entrepreneurs have launched Kenya’s first online auction website, ZabuniSoko.com, an e-commerce platform where users can browse, buy and sell products online. The site allows entrepreneurs to set up their own online stores, and the general public to buy goods at discounted prices or sell new and second-hand [Read More]

Swoopo Files for Bankruptcy

Technologizer reports that pay-per-bid auction site Swoopo has filed for bankruptcy, “although the company’s front page claims “technical issues,” documents from a Munich, Germany bankruptcy court indicate its parent company — Shopping Entertainment AG — filed for bankruptcy protection on Wednesday. The company is asking for protections from its debtors, and it [Read More]

NextLot Online Auction Software

NextLot, Inc. is known for its ability to help auction firms increase their visibility and reach more bidders through its online auction software solution. In a recent auction held in Jackson, MS, NextLot lived up to its reputation, and online bidding produced noteworthy results. The auction, which featured heavy equipment and machinery, [Read More]

Ally SmartAuction Receives Best E-Channel Award

SmartAuction, Ally Financial’s online used vehicle auction, received the 2010 “Best Performance – eChannel” award from Avis Budget Group. The award was announced at the 2011 Conference of Automotive Remarketing (CAR). According to Greg Thibault, Avis Budget Group’s vice president of Fleet Disposal, SmartAuction helped Avis Budget Group remarket more vehicles from [Read More]

NextLot Auction Sales Software

Raleigh-based software company NextLot, Inc. continues to break records. In a recent timed-online auction, the sales figures went through the roof when over $10 million of equipment was sold in twenty-one lots. The auction, which featured cigarette manufacturing and packing equipment, brought in bidders from all over the world. Online bidders logged [Read More]