Business News: Auctionata Forced To Close After Failing To Find New Investors

In January, we told you that online auction house Auctionata had filed for insolvency after not paying salaries for weeks. The Berlin-based company began looking for new investors to keep itself afloat, but now, after another month or so of looking, has been forced to shutter due to lack of interest. The details are a bit messy, with some sub-companies making it out of the chaos alive, but the gist is that Auctionata is no more.

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9 years ago