09 Feb 2023
DiamondWorld Directory
Home |
Bidz.com’s revenues dip 9.6% in Q1
Number of new buyers declined in the quarter
By: Diamond World News Service
May 15 2010 5:23PM
Reference: 4952  


The first quarter ending 31 March 2010, saw revenues decreasing for Bidz.com. Revenues amounted to $28.19 million, dropping by 9.6 percent, as compared to the same period last year. The said period generated loss worth $111,000, as compared to profits of $1.51 million, in the said quarter last year. Costs remained the same at $21 million.

The average selling price per order during the said three months, increased by 5 percent at $190. The number of items sold per transaction increased to 4.1 from 3 in three months of 2009. There were 40,501 new buyers, or 21 percent decline in new buyers. Average orders per day dropped 16 percent to 1,713. The company held $7.8 million in cash and $30.5 million in positive working capital with no long-term debt. Inventory was reduced by nearly $10 million in this year’s first quarter.

Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet
Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
*  Company:
*  Name:
*  Mobile:
*  Email:
Subscribe for DiamondWorld weekly Newsletter
Search News by City
Recent Issue
News in Pictures
Young Diamantaires
Pictures: 16
Stunning Jewellery from Cannes 2019
Pictures: 24
Sparkly Jewels at Oscars 2019
Pictures: 19
Golden Globes 2018
Pictures: 15
Spotted: Who Wore What (December 2018)
Pictures: 4
India Diamond Week
Pictures: 8
Spotted: Who Wore What (October 2018)
Pictures: 7
Spotted: Who Wore What (September 2018)
Pictures: 6
70th Emmy Awards
Pictures: 11
35th India International Jewellery Show 2018
Pictures: 46
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 32494
Diamond World Expert Hour with Evgeny Agureev, Deputy CEO, ALROSA
Views: 10215
GJEPC Chairman Interview
Views: 28571
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 40100
Promo for IJ Awards 2012 at NDTV Profit
Views: 57731
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 69271
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 22234
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 51421
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 53849
Member of:
Supporter of: