EBay to feature Sotheby's auctions in new deal

AP Business WriterJuly 14, 2014 

EBay Sothebys

FILE - In this May 2, 2014 file photo, a woman browses various impressionistic paintings during a preview exhibition for Sotheby's Spring Evening Sale of impressionistic and modern art, in New York. EBay Inc. has partnered with Sotheby's to offer a new live auction feature on eBay's Web site and real-time bidding for auctions that are taking place at Sotheby's headquarters in New York.

JULIE JACOBSON, FILE — AP Photo

— EBay will soon feature auctions from the likes of Monet, Picasso and other masters through a new partnership with auction house Sotheby's.

The companies will offer a new live auction feature on eBay Inc.'s Web site and real-time bidding for Sotheby's auctions that are taking place at Sotheby's headquarters in New York. The move lets eBay's 145 million active users have more access to the high-end art and objects that Sotheby's auctions.

Financial terms were undisclosed. Sotheby's Chief Operating Officer Bruno Vinciguerra said the partnership will help makes its sales "available to the broadest possible audience around the world."

The companies also said they eventually plan to offer other kinds of sales and live auctions from other Sotheby's showrooms around the world.

Ledger-Enquirer is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere in the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

Commenting FAQs | Terms of Service