Start-up hopes to outdo eBay with online market

April 30, 2008 · Filed Under Other auctions news, eBay News 

Wigix Chief Executive James Chong is nothing if not ambitious: he thinks he’s got the recipe for an Internet marketplace that will rival eBay.

Chong, who was the architect of Charles Schwab’s online trading platform, believes eBay’s design is best suited to auctions of collectible, one-off items. But for those buying Sony PlayStations, digital cameras, or other mass-manufactured items, he thinks Wigix–”Want It Got It Exchange”–has the better approach.

This article from CNET News.com 29 April 2008
Read more of this article at CNET News.com site.

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