bidadoo completes Record 3rd Quarter

As the largest seller on the world’s largest online auction marketplace, eBay, bidadoo allows its sellers to reach a truly global buyer base. With the more efficient bidadoo online auction model, sellers are able to achieve superior net returns through bidadoo vs. other live and online auction providers, with quicker time-to-sale.

bidadoo had another record quarter in Q3, reflecting the increase in confidence in sellers moving to an online auction model. Through bidadoo’s long-term partnership with eBay, bidadoo reaches 177 million registered users in over 190 countries world wide. bidadoo has expanded geographic coverage with 46% more “virtual” auction sites in the 3rd quarter of 2018 vs. 2017. In addition, bidadoo has sold from over 600 customer locations this year and increased the number of equipment and truck lots by 65%. bidadoo anticipates record sales through the end of 2018 with strong demand fueled by global demand, year-end tax incentives, and strong construction markets.

bidadoo Launched bidadoo Canada and Expands Team

The 3rd quarter also marked the launch of bidadoo Canada, with new bidadoo auction service centers opening in Ontario and Alberta. Driving this expansion, bidadoo grew its North American team with the addition of several industry leaders across Canada. bidadoo has been doing business with Canadian customers for many years, and this launch of bidadoo Canada is a natural progression to better serve the large Canadian market with a trusted, efficient online model.

bidadoo Expands Support of Several Strategic and National Accounts

The 3rd quarter of 2018 marked significant growth in several strategic partners, including international rental companies Herc Rentals, Sunbelt Rentals, BlueLine Rental, United Rentals - along with manufacturers including Case, JCB, Genie Industries -- a Terex Brand, and The Boeing Company. National Accounts are very interested in bidadoo’s access to a broader audience than traditional auctions, to help move higher volumes of equipment. Reflecting this broader market, bidadoo typically has participation from approx. 10 times the number of bidders per lot sold vs traditional auctions, providing large fleet sellers increased speed to market and a much more efficient and effective marketplace vs. traditional auctions.

bidadoo’s rapid growth is supported by the many benefits of the weekly global online auctions. For sellers of equipment, bidadoo reaches global bidders and buyers on a weekly basis -- with no transport fees and no buyer premiums. For buyers of equipment, bidadoo provides a platform with door-to-job-site shipping and logistics, full transparency, and no-reserve auctions in addition to the bidadoo “Buy-Now” and “Make-Offer” marketplace.

Below are some machines recently sold, as samples of equipment available every week with bidadoo, and recent strong used equipment demand and pricing:

Below is a sample of some of the 100’s of machines bidadoo is selling no-reserve to the highest bidder this Thursday, November 1st. Visit bidadoo.com to view our current auction and to learn more about the bidadoo 100% Guarantee.

If you're interested in viewing the full catalog of items available in this week's auction, please go to http://www.bidadoo.com/auctions

bidadoo anticipates significant growth in planned fleet disposals and remarketing in Q4. bidadoo has 8 auctions remaining in 2018 (every Thursday except US Thanksgiving) featuring multi-million auctions every week. If you need to sell in Q4, contact one of our auction sales consultants.

About bidadoo bidadoo is the largest and most trusted online auction service on the world’s largest auction marketplace. bidadoo provides professional remarketing for used construction equipment, rental fleets, trucks, and other capital assets - on the world's largest auction marketplace, eBay. bidadoo is a global online remarketing company with Auction Service Centers across North America and bidders and buyers from around the world. For the past 15 years bidadoo has become the most trusted company buyers and sellers turn to for online auction services of used capital equipment. We work with the some of the largest equipment owners in the world including Sunbelt Rentals, Herc Rentals (formerly Hertz Equipment Rentals), H&E Equipment, JCB, Genie/Terex, JLG, Komatsu, John Deere dealers, The Boeing Company, City of Seattle, and many municipalities and government agencies. With eBay’s 177 million registered users globally, bidadoo provides equipment sellers access to the world’s largest online bidder and buyer base through our long term partnership with eBay. Check out our weekly online auctions at http://www.bidadoo.com.

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