Bidz to launch Buyz

Thread Rating:

0 Vote(s) - 0 Average
1
2
3
4
5

Threaded Mode | Linear Mode

Bidz to launch Buyz

03-01-2008, 11:38 AM,

Post: #1

mandy Offline

Administrator

Posts: 9,932
Likes Given: 0
Likes Received: 6 in 5 posts
Joined: Feb 2011
Reputation: 0

Bidz to launch Buyz

Quote: Net revenue at jewelry online auction retailer Bidz.com Inc. rose 42% to $187.1 million for the 12 months ended Dec. 31, 2007, from $131.8 the prior year, as fourth-quarter net revenue increased 68% year-over-year to $63.2 million from $37.6 million, the company says...

Bidz.com, No. 86 in the Internet Retailer Top 500 Guide, attributes the growth to several factors, including increases in customer acquisitions and average order values. Building on its momentum, it plans to roll out soon Buyz.com as a fixed-price retail jewelry e-commerce site, including features such as diamond search and the ability to customize a ring.

In the fourth quarter, Bidz.coms number of new buyers rose 56% to about 110,000 and its average order value rose 37% to $169...

full article: http://www.internetretailer.com/dailyNews.asp?id=25563

« Next Oldest | Next Newest »

Possibly Related Threads…
Thread		Author	Replies	Views	Last Post
	Bidz Q3 Sales Up 38.1% to $55.4 Million, YTD Sales Rise to $172 Million	mandy	0	1,971	11-13-2008, 01:56 PM Last Post: mandy
	GoAntiques to Launch Auction Site	mandy	0	2,386	08-23-2008, 09:32 AM Last Post: mandy
	Bidz CEO Denies Allegations Company Engages In Shill Bidding	mandy	2	2,548	02-20-2008, 08:56 AM Last Post: mandy
	Bidz Q3 Revenues Up 48% to $40.1 Million, Site Averaged 8,814 Items Sold Per Day	mandy	0	1,919	11-15-2007, 09:53 AM Last Post: mandy
	Bidz.com Files for IPO of Up to $57.5M	mandy	2	3,475	04-26-2007, 08:11 AM Last Post: mandy
	Bidz reports 46% jump in 2006 revenues to $132M, 104% increase in net income	mandy	1	2,696	04-09-2007, 03:05 AM Last Post: Bills Caddyshack
	Bidz 2006 1st 9 months revenues jump 57% to $94 million	mandy	3	3,377	12-22-2006, 05:33 AM Last Post: chiquita
	Bidz Q1 SEC Filing: Revenues Rose 67% to $34.6 Million, Cartier Sues Bidz	mandy	0	1,983	05-20-2006, 09:03 AM Last Post: mandy
	Online auctions get under way in Bangladesh with launch of 2 auction sites	mandy	0	2,743	12-26-2005, 12:01 PM Last Post: mandy

Forum Jump:

Users browsing this thread: 1 Guest(s)