AuctionWatch.com Partners with Liquidation.com to Expand Reach of Business Exchange.Business Editors/High-Tech Writers WASHINGTON--(BUSINESS WIRE)--Nov. 1, 2000 AuctionWatch.com, the leading provider of solutions that enable buyers and sellers to effectively leverage online commerce, today announced a partnership with Liquidation The collection of assets belonging to a debtor to be applied to the discharge of his or her outstanding debts. A type of proceeding pursuant to federal Bankruptcy .com, the only full-service, online marketplace for business surplus. The partnership allows AuctionWatch.com's nearly four million monthly visitors to search and view over $1 billion worth of merchandise listed on Liquidation.com. "Our relationship with Liquidation.com complements our goal to provide users with a comprehensive buying experience, and offers our users access to an industry-leading marketplace that handles all aspects of surplus transactions, thus providing greater liquidity for our partners," said Rodrigo Sales, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and Co-founder of AuctionWatch.com. "The integration of their surplus marketplace creates a large scale network that provides efficiency and increased choice for businesses looking to buy and sell online." "Through this partnership, we're providing AuctionWatch.com business users the ability to securely purchase goods in a wide variety of quantities at discount prices," said Bill Angrick, CEO of Liquidation.com. "This partnership creates a destination for business purchasing needs and provides users with the network and services to fulfill and support any transaction, either on a single item or in mass quantity." AuctionWatch.com's expansive network of buyers and sellers, matched with the Liquidation.com surplus network and back-end services, will increase qualified traffic to Liquidation.com, as well as improve the site's listings' exposure and drive transaction and sell-through rates. About Liquidation.com Headquartered in Washington D.C., Liquidation.com is the world's leading horizontal business service provider for buying and selling excess inventory and surplus assets within the business-to-business marketplace. Liquidation.com's open technology platform and range of value-added services enables multiple vertical industry exchanges to realize significant e-commerce revenue and liquidity by partnering with Liquidation.com in the business surplus market space. Liquidation.com provides unmatched reliability and value by qualifying its users and managing all critical steps in the transaction process from a single, networked platform. Liquidation.com serves over 100,000 end users in over 100 countries, ranging from Fortune 500 and middle market manufacturers, wholesalers, retailers and small business customers, across a range of vertical industries, including building supplies, consumer merchandise, government & military, and office supplies Office supplies is the generic term that refers to all supplies regularly used in offices by businesses and other organizations, from private citizens to governments, who works with the collection, refinement, and output of information (colloquially referred to as "paper work"). . Liquidation.com has raised $12.2 million in financing from Europatweb and angel investors. For more information about Liquidation.com call 800/310-4604 or visit the company's web site at www.liquidation.com. About AuctionWatch.com With nearly four million unique visitors A count of how many different people access a Web site. For example, if a user leaves and comes back to the site five times during the measurement period, that person is counted as one unique visitor, but would count as five "user sessions. a month and hundreds of thousands of registered sellers, AuctionWatch.com is widely recognized as the company of choice for businesses looking to efficiently distribute merchandise to auction and cost effectively acquire customers. In addition to its suite of powerful seller services, AuctionWatch.com offers buyers an industry-leading search capability, allowing them to conveniently locate items across hundreds of auction sites. The company also publishes daily content on the auction industry, hosts the industry's premier online appraisal service, and has the most active independent message boards of its kind. Based in San Bruno, California San Bruno is a city in San Mateo County, California, United States. The population was 40,165 at the 2000 census. The city is adjacent to San Francisco International Airport. Geography San Bruno is located at (37. , AuctionWatch.com is privately held and funded by Sequoia Capital Sequoia Capital is a venture capital firm founded by Don Valentine in 1972. The firm's partners include Don Valentine, Pierre Lamond, Michael Moritz, Doug Leone, Mike Goguen, Mark Stevens, Jim Goetz, Sameer Gandhi, Roelof Botha, and Mark Kvamme. , Technology Crossover Ventures, CMGI CMGI Commonly Maintained Grounds Infrastructures CMGI College Marketing Group Information (Services) @Ventures, meVC Draper Fisher Jurvetson Draper Fisher Jurvetson (DFJ) is a venture capital firm based in Menlo Park, California with affiliate offices in more than 30 cities around the world and over $4.5 billion in capital commitments. Fund I (NYSE NYSE See: New York Stock Exchange :MVC (Model View Controller) An architecture for building applications that separate the data (model) from the user interface (view) and the processing (controller). ), Angel Investors LP, Bulldog bulldog, breed of thick-set nonsporting dog developed in the British Isles many centuries ago. It stands from 13 to 15 in. (33–38.1 cm) high at the shoulder and weighs from 40 to 50 lb (18.1–22.7 kg). Capital, Argus Capital and private investors. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion