eBid Breaks Auction Listings Record, Sales Up 75 Percent

Online auction site eBid.net surpassed 4 million live auctions, it announced on Tuesday, and said it has seen a 111% growth in new buyers and sellers who have become members during the first quarter of 2011. March and April of 2011 have been the busiest sales months for the site in terms of sales, up over 75% compared to the same period in 2010. The company said the surge in membership was largely due to the pervasive dissatisfaction with other online marketplaces, citing "eBay's well-documented slow transition away from its core auction format," and said growth could also be