UBID AMONG THE TOP E-COMMERCE MERCHANTS IN THE

NEXTCARD®  MARCH ECOMMERCE INDEX  

 

  uBid Moves Up Three Positions to No. 4 In Ranking

of eCommerce Leaders

CHICAGO, IL – May 8, 2001 – uBid, a leading retail auction and e-commerce marketplace, today announced it was one of the top ranked eCommerce sites based on transactions, moving up three positions in March from the February Index, according to the NextCard eCommerce Index, a premier metric of monthly online consumer spending.

According to the March eCommerce Index, a monthly listing of the top Web sites based on the number of online transactions by more than 800,000 NextCard credit cardholders, uBid ranked no. 4.  The NextCard eCommerce Index is the only online resource reflective of actual consumer e-commerce spending.

NextCard March 2001 eCommerce Index


 
Rank           Movement        Merchant
Rank           Movement        Merchant

 
 

 
1.                  --                 AMAZON.COM
2.                  +1               HALF.COM
3.                 -1                 EBAY.COM
4.                 +3                UBID.COM
5.                 +1                BARNESANDNOBLE.COM
6.                 +2                NETFLIX.COM
7.                 +3                STAMPS.COM
8.                 +3                CYBERREBATE.COM
9.                 --                  BUY.COM
10.               +3                CDNOW.COM

 
 
 

About uBid

uBid, a majority-owned operating company of CMGI, Inc., is a leading retail auction and e-commerce site, offering consumers and small to mid-sized businesses the opportunity to purchase a wide range of brand name merchandise, often at greatly reduced prices, through live-action bidding using sophisticated auction technology. The company’s Internet auctions feature a rotating selection of more than 12,000 products daily. uBid sells products in more than 12 different product categories, including computer equipment; consumer electronics; home and leisure; sports and recreation; jewelry and gifts; apparel; home improvement products; art; appliances; and travel and events. In addition, consumers may participate in the new uBid Auction Exchange marketplace, in which third-party vendors and consumers list their items for auction.

 

uBid is committed to providing its customers with the highest quality auction experience on the Internet and offers supplier warranties on most consumer products. uBid also meets Better Business Bureau Online standards, which gives customers the confidence and security to bid safely online. For more information, visit the company’s Web site at www.ubid.com.

 

uBid and uBid.com are trademarks of uBid, Inc.  All other products and services mentioned may be trademarks or service marks of their respective owners.

 

CONTACT:

Denise Mancini                                     

Manager, Public Relations                     

uBid                                                     

773-272-4562                                        

denisem@ubid.com