Omaha, NE and London – June 3, 2014 – Proxibid (www.proxibid.com), the world’s most trusted online Marketplace for buying and selling highly valued items, today announced it will open an office, in June, in the United Kingdom to better serve its growing base of UK and European buyers and sellers. Headquartered in Omaha, NE, Proxibid provides online selling solutions to more than 3,000 auction companies, asset owners and consignors located across the globe.
“We are excited to announce our new UK presence,” said Ryan Downs, President and CEO of Proxibid. “This move enables us to better serve our existing UK and European buyers and sellers, and positions us to offer our unique portfolio of ecommerce solutions and access to our large global community of buyers to sellers throughout Europe. The Proxibid Marketplace is growing quickly and international expansion is the next logical step for this organization.”
While Proxibid works across all major asset classes, the company has entered into a strategic alliance with Moffat Group, publishers of Resale Weekly (www.resaleweekly.com), one of the largest advertising publications in the UK and Europe, to gain traction in the UK and European construction equipment and farm machinery markets. Under this new partnership, Moffat Group will leverage Proxibid’s transactional capabilities and online risk management expertise to provide the most secure online environment for buying and selling heavy construction and farm equipment, globally.
“We have always aimed to bring buyers and sellers together globally and now with this ground-breaking partnership, we can provide a safe and secure environment for them to transact business,” said Daniel Moffat, CEO of Moffat Group. “We will now be able to offer multiple selling formats to suit the needs of all customers, located anywhere in the world with an Internet connection.”
What makes Proxibid unique is its industry-leading, comprehensive risk management system – a sophisticated hybrid of proprietary technology and third-party partnerships managed by an in-house team of experts. APN, the Company’s payment solution, ensures all Proxibid-powered transactions are secure, making the Proxibid Marketplace the safest place to transact online. Proxibid sells across 15 categories representing items from fine art, antiques and collectibles to heavy construction equipment and real estate and everything in between.
More than 12,000 sales events take place in the Proxibid Marketplace annually, and more than 10,000 new buyers join the Marketplace each month. The site is 100 percent PCI compliant, which when combined with its enterprise-level technology and infrastructure, boasts a 99.9+ percent uptime. No other online Marketplace offers the selection, security or support as Proxibid.
Proxibid provides asset owners of all sizes and buyers with access to the world’s most trusted online Marketplace and selling solutions for excess inventory. More than $2 billion in inventory passes through Proxibid’s Marketplace annually in product categories that include heavy equipment; commercial and industrial equipment; real estate; fine art, antiques and collectibles and more.
Founded in 2001, Proxibid is headquartered in Omaha, NE with offices in New York and London. For more information about Proxibid, please visit www.proxibid.com.