Paddle8 & Auctionata merge to create ‘dominant’ online auction

THE ART NEWSPAPER | Gareth Harris:

Two major online auctioneers—New York-based Paddle8 and Auctionata in Berlin—say that they have joined forces in a “bid to grow the under served global mid-market”. The new joint company will have almost 800,000 registered users and will be “a dominant player for art and luxury collectibles”. Paddle8, which was founded in 2011, focuses mainly on contemporary art and design, while Auctionata, established a year later, is described as “the leading online auction house for art and luxury collectibles”… Read more

Image: Paddle8