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Article: Bright Holiday Prospects at Community-Driven Marketplace Wigix.Com Contrasts Rival eBays' Disappointing News for Investors.

Article from:
Journal of Technology
Article date:
November 10, 2009
Copyright

Wigix' (www.wigix.com) main rival eBay, reported disappointing numbers Wednesday, and its investors worried as its main marketplaces division continues to sag during the run up to the crucial holiday season. Wigix.com is aiming to take advantage of this weakness with what has been called its disruptive business strategy.

CEO and founder, James Chong states, "Wigix.com has a no risk, no upfront cost, no on-going cost for sellers' policy. And, Wigix technology provides immediacy and transparencies for both buyers and sellers that eBays' auction systems can not provide."

A New York Times article today prefaced this quote from a leading research company ...

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