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  September 5, 2001
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Home > Company Index > Computer Software & Services > Internet & Intranet Software & Services > FairMarket, Inc.

FairMarket, Inc.
Nasdaq: FAIM
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 PROFILE
Going once, going twice, sold! Through its software and service offerings, FairMarket sets up and hosts online auctions through clients' own Web sites. With the company's FairMarket Network, businesses can increase their product exposure and offer consumers a wider selection. Although FairMarket hosts the auction sites in exchange for monthly and transaction-based fees (enabling members to offer services without heavy technology investments) the sites are accessed through members' own portals or Web sites. After unsuccessfully competing directly with rival eBay, in 2001 FairMarket finally capitulated, agreeing to a partnership that includes FairMarket listing products for sale on eBay's Web site.

 COMPETITION
Moai Technologies, Inc. (dossier)
Yahoo! Inc. (YHOO)
eBay Inc. (EBAY)

 DEALS
Deal: FairMarket Forms Alliance With Playboy Online
Date Announced: 11.02.99
Value of transaction (US $Mil): 0
Description: Provider of hosted auctions to provide auction services to online magazine.

Search all deals for this company

 TRACKERS
May 14, 2001 - LAYOFF TRACKER
40 laid off
Description: Closing its Australian operations. Expecting to be cash-flow positive by the first quarter of 2002.

More LAYOFF NEWS

 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 11.90
1-Yr. Sales Growth: 466.7%
Employees: 177
Revenue per employee: $67,231.64

 KEY PEOPLE
• Nanda Krish
    CEO
• Janet Smith
    CFO

 CONTACT INFO
500 Unicorn Park Dr.
Woburn, MA 01801
US
Phone: 781-376-5600
Fax: 781-935-4575
Online: Web Site

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