East-West Digital News
Bright Capital Digital has injected $2.5 million into Auctionata, a German online auction site specializing in antiquarian items. The news was reported by Russian business daily Kommersant, based on an exchange last week with Bright Capital Investment Director Vadim Tarasov.
Established in 2011, Auctionata claims to feature “the first live auction in the history of the Internet.” The site has processed no fewer than 13,000 requests for estimates from its users for merchandise with an overall value of over €22 million.
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