UK-based auction site CQout (pronounced "Seek You Out") released a press statement saying it is has reached over a quarter million items for sale on www.CQout.com for the first time. Set up in 1999 by London Business School graduates Siamak Bashi, Tony Newton and Mike Rees, CQout has users in over 50 countries. Twelve percent of the company's total user base comes from outside the UK, with the second most represented country being the US. The site would not disclose its number of registered users.
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