British based eBay wannabe, eBid.net, are continuing their global expansion by launching services in Brazil and Malaysia. Buyers and sellers will be able to trade in the Brazilian Real and the Malaysian Rigga for the first time. eBid claims to have buyers in 100 countries and sellers in 23. eBid boast 5.4 million auctions running at the time of writing. There is no information available on eBid’s conversion rate.
eBid founder Mark Wilkinson says: “We’re proud to announce the launch of eBid Brazil and eBid Malaysia which substantially expand the reach of eBid and open up the ease of international sales to many millions more potential sellers. We all know about ‘the other’ auction site, but we have also consistently proven during our thirteen years of operation that customers ultimately prefer to maximize their profits by avoiding high auction fees. Staying competitive has led to our success and worldwide growth. The launch of eBid Brazil and eBid Malaysia are just the first steps in our 2012 growth. We have plans to continue our strategic territorial expansion throughout the coming year.”