Jingobid.com has launched on three continents. A retail site with a twist, Jingobid brings a new level of value and fairness to consumers. Jingobid takes the best elements of the hugely popular penny auction model and blends them into a competitive shopping platform. It is also the first such site to be offered in Chinese and the first to enter Asia.
Although Jingobid does not require purchases of Bids in order to acquire items, it offers paid auction models as the best way to buy at incredible discounts. Bidpacks sold on Jingobid are cheaper than on any comparable site with prices per bid below HK$4 / GBP 0.40 and numerous free Bonusbid offers. Auctions are transparent and operate within very clear parameters. The Bidboy bidding assistant offers more flexibility than comparable sites, allowing to set precise bidding parameters.
The site also gives users other options to purchase new top brand items such as iPods and Playstation3s at hugely discounted prices. The new Dropsale concept allows users to buy items at a price that drops every time someone views it. Jingobid customers can choose to make purchases instantly, without having to wait for auctions to end.
Jingobid's software and website are completely proprietary. This contrasts with the vast majority of currently operating sites, which use ready-made software available on the internet. Created by an international team of programmers and investors based in London and Kent, UK, Jingobid aims to push forward the auction based retail model and provide a real, evolving alternative in a market currently dominated by one major player.
Already, Jingobid can deliver local items with manufacturer's warranty in Hong Kong, USA, UK, Germany, France and Austria. It is offered in English and Chinese (Cantonese) languages, with new countries and languages to be added shortly. Partnering with established local retailers and online merchants, it benefits from its global reach to provide its users with the best merchandise.
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Competitive shopping - the next generation of auction sites. The first to bring penny auction model to Asia.
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