An "eBay analog" has been launched in Russia: Migtorg has expanded auctions for property and equipment
The format of digital auctions has expanded in Russia: the Migtorg platform, known for auto auctions, has added auctions of property — from equipment and furniture to electronics and inventory. The bet is on open pricing and clear rules of transactions, as well as on anti-fraud mechanics with the transfer of money after the execution of the contract. For businesses, this is a way to monetize illiquids faster, and for small businesses, it is a chance to enter assets cheaper.
