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Article: cMarket posted record quarter.(BUSINESS BRIEFS)(cMarket Network )(Financial report)(Brief article)
- Article from:
- The NonProfit Times
- Article date:
- June 1, 2009
CopyrightCOPYRIGHT 2009 NPT Publishing Group, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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cMarket Network in Cambridge, Mass., a provider of online auction fundraising, announced a record quarter for online auction sales resulting in an additional $6.3 million raised, bringing the total raised since the firm's inception to more than $60 million.
In addition, the number of charities running online auctions increased by 46 percent compared to the same period last year.
According to Jon Carson, CEO of cMarket Network, during the first quarter the firm hosted 613 online auctions, attracting 900,000 unique visitors who browsed and bid on items generating ...