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  • Japanese PC Distributors to Auction PCs via Internet
  • February 17, 1999 (TOKYO) -- Japan's major personal computer distributors will start to auction their inventories via the Internet, a source close to the companies said.
    Among the distributors planning to auction their stocks are Daiwabo Information System Co., Ltd., Ado Electronic Industrial Co., Ltd. and Kaga Electronics Co., Ltd.

    They will use an auction system developed by @Venture Co., Ltd., in an attempt to reduce inventories of PC hardware and software. They also are considering establishing a company specializing in Internet auctions. @Venture is an Internet business planning company.

    Considering that Internet auctions are expected to become popular in near future, @Venture will introduce dealing software for financial institutions developed by a subsidiary of CSK Corp. in the United States. That software enables the auction system to deal with bulk transactions.

    Additionally, it will make it possible to access and participate in the auction from video game machines as well as PCs.

    (Nikkei Computer)

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    Updated: Tue Feb 16 14:16:58 1999 PDT