uBid.com is an online auction style and fixed-price shopping website that offers both goods sold directly by the company and items sold by pre-approved third party uBid-certified merchants. The site specializes in excess new, refurbished and overstock consumer electronics such as computers, electronics, home goods, jewelry, watches and cellular phones.
|Industry||Online auction and fixed-price merchandise|
|Founded||Chicago, Illinois, USA (1997)|
|Bob Geras, Chairman|
Ketan Thakker, CEO/CFO
|Products||Consumer merchandise including electronics, computers, jewelry, fine art, housewares, computer accessories, and computers|
uBid.com was formed and launched in 1997, originally as a subsidiary of PC Mall. The co-founding management team took the company public in 1998 and achieved a market capitalization value of over 1.8 billion dollars at one point. The company officially spun off from PC Mall with its co-founding management team in 1999. Ownership has changed multiple times over the years, including one involuntary bankruptcy petition with one of the previous owners.
- "CMGI To Acquire uBid.com". Retrieved 2009-12-01.
- "Takumi Interactive, Inc. Purchases uBid Business". Retrieved 2009-12-01.
- "Pink-Slip Monday for Ecommerce with uBid, eBay Layoffs". Retrieved 2009-12-30.
- "uBid Auction Site's Parent Enable Holdings Forced into Bankruptcy". Retrieved 2011-08-03.