jump to navigation search ubid.com type private industry online auction and fixed price merchandise founded chicago illinois usa 1997 key people bob geras chairman ketan thakker ceo cfo products consumer merchandise including electronics computers jewelry fine art housewares computer accessories and computers website www.ubid.com www.redtag.com ubid.com is an online auction style and fixed price shopping website that offers both goods sold directly by the company and items sold by pre approved third party ubid certified merchants . the site specializes in excess new refurbished and overstock consumer electronics such as computers electronics home goods jewelry watches and cellular phones . history edit ubid.com was formed and launched in 1997 originally as a subsidiary of pc mall . the co founding management team took the company public in 1998 and achieved a market capitalization value of over 1.8 billion dollars at one point . the company officially spun off from pc mall with its co founding management team in 1999 . ownership has changed multiple times over the years 1 2 3 including one involuntary bankruptcy petition with one of the previous owners . 4 notes edit cmgi to acquire ubid.com . retrieved 2009 12 01 . takumi interactive inc. purchases ubid business . retrieved 2009 12 01 . pink slip monday for ecommerce with ubid ebay layoffs . retrieved 2009 12 30 . ubid auction site s parent enable holdings forced into bankruptcy . retrieved 2011 08 03 . external links edit ubid.com redtag.com retrieved from https en.wikipedia.org w index.php title ubid & oldid 743337282 categories companies established in 1997companies based in chicagointernet companies of the united statesonline auction websitesonline retailers of the united stateshidden categories wikipedia pending changes protected pages level 1 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 9 october 2016 at 05 02 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view