RealTime IT News

LibertyOne Launches uBid New Zealand

Australian Internet content company LibertyOne has rolled out its online auction service to the New Zealand market, with the launch of uBid NZ.

Open for business as of this week, the site will offer its auction service in the areas of computer products, consumer electronics, sporting goods and homewares.

New Zealand is the second country to which LibertyOne has introduced uBid, after the company secured an exclusive licensing agreement with the US-based uBid.com last July. LibertyOne then began the rollout with the launch of uBid.com in October.

Visitors to uBid NZ will bid for products with consumers from both Australia and New Zealand. All bids will be in Australian dollars, with a currency converter available to NZ customers.

As with uBid Australia, users must register first, and winning bidders are notified by e-mail. Bids can be made 24 hours a day, and auctions last two to three days.

uBid sells all products to consumers directly, preventing individuals and merchants from selling products directly to consumers. The site also provides a 21-day warranty to all purchases.

"In many ways, uBid is like a conventional retail store with the major difference being that consumers ultimately decide what price is paid for products," said uBid general manager for Australia and NZ, Chris Hitching.

The Australia/NZ uBid network uses VeriSign encryption to ensure digital Ids are protected, and is a certified TRUSTe merchant.

The international TRUSTe group includes sites that adhere to established U.S. government-developed privacy principles and agree to comply with ongoing oversight and consumer resolution procedures.