US$44+ million of equipment sold in Ritchie Bros.' Las Vegas, NV auction
Ritchie Bros. Auctioneers Incorporated (RBA)
Last ritchie bros. auctioneers incorporated earnings: 2/27 05:15 pm
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Source: PR Newswire
Approximately 85% of bidders participated online, purchasing 61% of the assets in the auction LAS VEGAS, March 16, 2020 /PRNewswire/ - Last week in Vegas Ritchie Bros. sold more than 2,750 equipment items and trucks for US$44+ million, with approximately 61% of purchases made by online buyers.More than 6,800 people from 55 countries registered to bid in the two-day Las Vegas sale (March 12 – 13, 2020)—setting a new Las Vegas site record—this included 5,800+ online bidders. Approximately 86% of the equipment was purchased by buyers outside the state of Nevada, including international buyers from as far away as Japan, Peru, and the United Kingdom. "With CONEXPO/CON-AGG running concurrently with our auction we expected to see a large percentage of online buyers and were happy to see 24% of online purchases were made through our mobile application," said Bill Walton Jr., Vice President – Sales, Ritchie Bros. "Our Las Vegas auctions held during CONEXPO are always fantastic and this year
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