We are in final stages of talks with a number of parties including AIM listed Samedaybooks (SDK) about a merger. We believe that a listing on AIM will provide the ideal platform to support our growth.
London, UK (PRWEB) July 19, 2007
AuctionAssist ® , the leading eBay facilitator, believes that it has a model that will help eBay's growth in big-ticket items. In 2005 eBay paid $2.6 billion for Skype in the hope that it could encourage buyers and sellers to talk about big-ticket items, but this has not yielded the anticipated results for eBay.
AuctionAssist ® provides a safe and reliable end-to-end outsourced ebaying service for individuals, businesses, retailers and manufacturers, specialising in big ticket items. Major brand electricals listed on eBay via the AuctionAssist service can be found on http://www.AuctionAssist.com . The service is expected to attract other high street retailers to use eBay as an ecommerce channel, thus contributing to eBay's growth.
eBay is looking for growth in big-ticket-items such as LCD and Plasma TVs, American Style Fridge Freezers, Range Cookers and Laptops.
"Market conditions are 'ideal' for AuctionAssist to further eBay's and its own growth by making the it safer to buy and sell big-ticket items on eBay. Our business has been on an incredible growth curve that I expect AuctionAssist services to contribute to £100 million of turnover for eBay over the next 24 months in the UK alone. Our average eBay customers spend north of £500 on electricals with AuctionAssist. eBay buyers have the confidence to buy a £4,500 63" Plasma TV on eBay from AuctionAssist," said Sieng van Tran, CEO of AuctionAssist ®
AuctionAssist is finalising plans to seek admission to AIM by way of an IPO or merger.
He added, "We are in final stages of talks with a number of parties including AIM listed Samedaybooks (SDK) about a merger. We believe that a listing on AIM will provide the ideal platform to support our growth."
About Auction Assist
eBay, the online auction house, is a channel partner of Auction Assist - a new service that helps people to sell unwanted goods on eBay. eBay is the largest online auction website in the world with over 160 million customers worldwide. Although buying on eBay is very simple, selling has proved to be a big hurdle, with eBay reporting that 90% of customers have never sold an item using their service.
AuctionAssist works with eBay to take the pain out of selling unwanted goods. It will basically collect items that people want to sell; value, photograph and place items online; sell it to the buyer, packaging the goods and collecting payment. All the seller has to do is wait for the cheque -- it's as simple as that!
Fancy Buying or selling something on eBay? Click on to http://www.auctionassist.com to make some money, the simple way.