Sotheby's and eBay Team Up to Auction Historic New York Memorabilia

Online auction giant eBay already sells millions of items to customers all over the world every

By
Fashion
5,479 Hypes 0 Comments

Online auction giant eBay already sells millions of items to customers all over the world every day, but a new initiative launching today will help them reach a whole new target market. The company is launching a new section of its website in partnership with storied luxury item auction house Sotheby’s that will provide a unique buying option to the global art and collectible community. The section will house a live video stream of Sotheby’s New York art sales to prospective buyers, who can participate in the auctions in real-time online, with items ranging from $1,000 to $50,000. Sotheby’s has done something similar on its own site before, but by partnering with eBay they can reach its 155 million monthly users, which is a huge pool of potential new customers for the auction house. It’s a lucrative pairing for both companies: eBay is currently splitting from PayPal and has seen slowed growth in recent years, and Sotheby’s remains in stiff competition with rival Christie’s, who is investing more money in its Internet-only auctions as of late.

Read Full Article

What to Read Next

UNUSED 2015 Spring/Summer Collection
Fashion

UNUSED 2015 Spring/Summer Collection

Known for taking classic menswear references and then dismantling and reworking them in the quest

Baauer featuring Fetty Wap & Dubbel Dutch - Promises
Music 

Baauer featuring Fetty Wap & Dubbel Dutch - Promises

At the beginning of the week, a video surfaced documenting Baauer and Fetty Wap crafting a song for

Air Jordan 1 Mid "Hare Jordan"
Footwear

Air Jordan 1 Mid "Hare Jordan"

A now-iconic relationship that was seminal in the world of collaborations, here Jordan Brand and


Jean Touitou Opens Up to 'GQ' About A.P.C.'s 2015 Fall/Winter Presentation, Living in Paris & More
Fashion

Jean Touitou Opens Up to 'GQ' About A.P.C.'s 2015 Fall/Winter Presentation, Living in Paris & More

After sitting down with The Guardian back in February and issuing a quick apology following the

SYRE featuring Kendra Dias - Burn
Music 

SYRE featuring Kendra Dias - Burn

The Vancouver native has sporadically released music over the last year, including his

Taka Hayashi x Vault by Vans 2015 Spring TH Priz Hi LX and TH Sk8-Mid LX
Footwear

Taka Hayashi x Vault by Vans 2015 Spring TH Priz Hi LX and TH Sk8-Mid LX

Designer Taka Hayashi and Vans’ Vault imprint reissue both the TH Priz Hi LX and TH Sk8-Mid LX for

More ▾
 
Subscribe to our Newsletter

Gain access to exclusive interviews with industry creatives, think pieces, trend forecasts, guides and more.

By subscribing, you agree to our Terms of Use and Privacy Policy.

Help us serve you better

We appreciate your support in allowing HYPEBEAST ads, where we can share contents from the latest fashion, to those culturally relevant. By adding HYPEBEAST to your ad blocker's whitelist, ads on our sites will show while you continue to browse.