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2. Online auction - Wikipedia

   en.wikipedia.org/wiki/Online_auction

   Private electronic market. Software. v. t. e. An online auction (also electronic auction, e-auction, virtual auction, or eAuction) is an auction held over the internet and accessed by internet connected devices. [1] [2] [3] Similar to in-person auctions, online auctions come in a variety of types, with different bidding and selling rules. [4]

3. eBay - Wikipedia

   en.wikipedia.org/wiki/EBay

   Sales occur either via online auctions or "buy it now" instant sales, and the company charges commissions to sellers upon sales. eBay was founded by Pierre Omidyar in September 1995. It has 132 million yearly active buyers worldwide and handled $73 billion in transactions in 2023, 48% of which was in the United States.

4. Worthy.com - Wikipedia

   en.wikipedia.org/wiki/Worthy.com

   Worthy.com offers an online auction platform for selling pre-owned diamond jewelry, loose diamonds, and luxury watches. The company first identifies the market value of the item through an automatic pricing engine and then agrees on a reserve price with the sellers. The diamonds sold at Worthy.com are graded at the Gemological Institute of ...

5. Auction theory - Wikipedia

   en.wikipedia.org/wiki/Auction_theory

   e. Auction theory is a branch of applied economics that deals with how bidders act in auctions and researches how the features of auctions incentivise predictable outcomes. Auction theory is a tool used to inform the design of real-world auctions. Sellers use auction theory to raise higher revenues while allowing buyers to procure at a lower cost.

6. Auction - Wikipedia

   en.wikipedia.org/wiki/Auction

   An auction is usually a process of buying and selling goods or services by offering them up for bids, taking bids, and then selling the item to the highest bidder or buying the item from the lowest bidder. Some exceptions to this definition exist and are described in the section about different types. The branch of economic theory dealing with ...

7. Bob Shop - Wikipedia

   en.wikipedia.org/wiki/Bob_Shop

   Bob Group. URL. www .bobshop .co .za. Launched. 1999. Bob Shop, formerly Bidorbuy or bidorbuy.co.za (officially written as one word, all-lowercase; variations: bid or buy, Bidorbuy and Bid or Buy), is a South African e-commerce website based on an internet auction and online marketplace. Transactions on Bidorbuy are in South African Rand.