LiveAuctioneers.com, the Manhattan-based Internet company that provides real-time Internet auction services in association with eBay Live Auctions, has released its 2004 business review. The firm reported that gross sales of antiques, art and collectibles listed last year in electronic auction catalogs on LiveAuctioneers exceeded $33 million, triple that of 2003. LiveAuctioneers currently has 223 auction houses in North America and Europe using its services, and said more than 20 million unique visitors viewed catalogs on its site in 2004 compared to 12-13 million in 2003.
LiveAuctioneers added automation features for auctioneers to automatically approve returning, previously registered bidders and to instantly invoice successful bidders after a sale and track the progress of payment and merchandise shipment through LiveAuctioneers' back end. LiveAuctioneers' plans for the future include establishing an auxiliary online auction service catering specifically to vendors of rare and fine wines.
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