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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.
eBay office in Toronto, Canada. eBay Inc. (/ ˈ iː b eɪ / EE-bay, often stylized as ebay or Ebay) is an American multinational e-commerce company based in San Jose, California, that allows users to buy or view items via retail sales through online marketplaces and websites in 190 markets worldwide.
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Luxury Is Calling. One man’s trash is very often another man’s treasure on eBay, which has been selling head-scratching items since 1995. But eBay is a place for a lot more than just cheap ...
However, online auction sites, unlike live auctions, usually have an automatic bidding system which allows a bidder to enter their maximum acceptable bid. This is a hidden or proxy bid , known to the system, but not any other bidders; during the auction the actual bid is incremented only enough to beat the existing highest bid.
Huuto.net is a Finnish online auctioning website. It was established in 1999 and has been owned by ePrice Oy since 2019. The main differences between Huuto.net and eBay are: Listing items on Huuto.net is free of charge. Users who have sold over 50 items in the last 12 months are charged a fee should an item sell, the same as eBay.