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Invaluable Announces Robust Growth in Q2 2015Invaluable, the world's leading online live auction marketplace, announced record growth in the second quarter of 2015, stemming from a 50 percent increase in the number of auctions run on the platform - the most ever sales in a quarter - along with a 68 percent increase in unique bidders over the same period in 2014. Asian art & antiques continues to be a top category on the Invaluable platform with gross merchandise sales growing 40 percent in Q2 of 2015 over the same time period in 2014. The classic automobile category also experienced a significant increase of 58 percent in gross merchandise sales in Q2 2015, further contributing to Invaluable's growth. More than 180 auction houses joined the Invaluable marketplace between April and June of 2015, including Wright, Guernsey's, Profiles in History, Altermann Galleries and Antiquorum in North America, along with Cornette de Saint Cyr in France, Keys Fine Art Auctioneers and Wellers Auctioneers in the United Kingdom, Finarte in Italy, Galartis SA in Switzerland and Louiza Auktion and Veilinghuis Loeckx in Belgium, greatly contributing to the company's growth over the quarter. These auction houses join the roster of premier auction houses around the world that list on Invaluable, including Doyle New York, Swann Auction Galleries, Freeman's, Garth's, James D. Julia and Stair Galleries in North America, along with Artcurial and Tajan in France, Van Ham Fine Art Auctioneers and Auctionata in Germany, Lyon & Turnbull and Sworders in the UK, amongst many others. "We are thrilled with a record-breaking second quarter in 2015. The addition of so many new auction house partners to the Invaluable platform, along with the one-of-a-kind merchandise they offer, continues to result in a steady increase of new bidders, making Invaluable the 'go-to' resource for those looking to participate in auctions around the world," said Rob Weisberg, Invaluable CEO. "I'm very proud of all that the team accomplished this quarter, and I look forward to continued growth and innovation in the second half of the year." In addition to new auction house partnerships, international growth and expansion was also a ey growth factor for Invaluable in Q2. The company continued to expand its Sales, Marketing and Support teams in the United Kingdom, France, Germany and Australia as it grows the Invaluable bidder base in these regions. The company hired more than 15 employees in the UK, Europe and Australia since the beginning of the year, and is continuing to grow. Invaluable also made significant upgrades and advancements to its technology and service offerings over the quarter, including the introduction of the following new features and offerings.
For more information on Invaluable, to view upcoming auctions and to register to bid online, please visit www.Invaluable.com. About Invaluable Invaluable, the world's leading online live auction marketplace, features a live online bidding platform that allows collectors and dealers to bid in real-time in auctions held around the world. As the leading developer of SaaS (News - Alert) and e-commerce applications for the auction industry, Invaluable provides auction houses with e-commerce and marketing solutions, as well as auction management software. Invaluable's best-in-class historical price database includes more than 58 million complete auction results, totaling more than $204 billion in value. Founded in 1989 and headquartered in Boston, Invaluable also has offices in the United Kingdom, France, Germany and Australia. For more information, visit www.Invaluable.com or follow us on Twitter (News - Alert): @InvaluableLive.
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