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Surplus Record is exclusively a publisher, and offers advertising services to Dealers, Auctioneers, Public Utility, and Manufacturers who want to sell their machinery, electrical, and power equipment through listings on the website as well as a monthly publication circulated to 55,000 manufacturers each month and 130,000 unique manufacturers over the course of a year. [7]
In 2018, Ritchie Bros. acquired Leake Auction Company, an Oklahoma-based collector car auctioneer. [12] In August 2021, the acquisition of Euro Auctions, a Northern Ireland auction house that buys and sells industrial plant, construction equipment, and agricultural machinery for £775 million was announced. [13]
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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.
DealDash was founded in 2009 by William Wolfram, a 16-year-old Finnish entrepreneur, who had lost $20 bidding unsuccessfully for a MacBook on an earlier penny auction site. Wolfram had generated approximately $500,000 in affiliate sales a year earlier buying popular YouTube videos for $50, borrowed from his mother, then collecting revenue from ...
In 1919, he created the Associated Equipment Distributors as a trade association for companies like his own. [6] In 1954, Hunter returned to AED as a member of the advisory board. [6] In 1966, independent distributors of construction equipment sold $1.1 billion in new equipment and $270 million in used equipment in the United States.
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