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The ricardo Group is owned by Myriad International Holdings, a subsidiary of the South African media group Naspers and operates several e- commerce platforms in Switzerland and Greece.

Ricardo.de and ricardo24.de

Founded ricardo.de on 21 July 1998 by the Friends of Stefan Glänzer, Christoph Linkwitz and Stefan Wiskemann. Exactly 365 days later, the quotation was on the Neuer Markt under the securities identification number 702 070 and reached in the spring of 2000, a market capitalization of 1.8 billion euros. In November 2000, the UK QXLricardo plc acquired approximately 90 % of the share capital of ricardo.de AG. Since then ricardo.de belongs to the pan-European operating QXLricardo group. QXLricardo is today (June 2007) with a market capitalization of nearly one billion Euros one of the few successful European Internet companies that were founded before the turn of the millennium. The Group operates the leading auction sites in Poland and Switzerland.

Unlike eBay is not a priori ricardo.de concentrated solely on the operation of the market place, but started from the year 1998 initially with a large-scale proprietary trading with branded products, which were sold to the highest bid. Here profiled ricardo.de is to start on 25 August 1999 with live moderated auctions, a mixture of entertainment, sponsorship and e-commerce.

Although the introduction of automated business-to -consumer auction channels in late 1998 brought proprietary trading revenues, but at the same time high economic losses a, especially because the logistics could not keep up with the growth.

Therefore ricardo.de concentrated from the spring of 2001 alone on the operation of the marketplace business, which was started "private ricardo " under the name in the spring of 1999, but until then, only the third of three selling formats had been positioned. However, long-term ricardo.de could not maintain its market square opposite the already strong market position in Germany by eBay successfully. In November 2003, the online auction market place was finally set and the previously used domain rented limited www.ricardo.de. Currently operates ricardo.de a price comparison for branded products under the side www.ricardo24.de. About the wholly-owned subsidiary ricardo.ch AG ricardo.de operates, however, continue Internet auctions in Switzerland. With the success of the business there ricardo.de succeeded meanwhile also the leap into operational profitability.

Ricardo.ch

In November 1999 auktion24.ch was an independent Swiss company by the brothers Stephan Widmer and Michael Widmer, under the former name auktion24.ch founded in Baar ( ZG). The auctions were free until the takeover in 2000 by the German internet auction house ricardo.de AG for the provider. The acquisition was auktion24.ch renamed ricardo.ch. Since 2008 ricardo.ch part of ricardo Group, which is owned by Myriad International Holdings, a subsidiary of the South African media group Naspers. ricardo.ch is the market leader in Switzerland. Currently (2013 ) act 2 million members goods worth 660 million Swiss francs per year. The competitor eBay reached in Switzerland only about one fifth of the turnover of ricardo.ch.

Ricardo.gr

2008 succeeded in entering the Greek market, which was organized in small Internet auctions worldwide. Other than these ricardo was not even active as a seller and was able to achieve market leadership within a year.

Ricardo.at

Ricardo grew with the acquisition of OneTwoSold as Ricardo.at in September 2008 in the Austrian market. As of 30 December 2010, no new auctions more could be started. The last current auctions ending on 10 January 2011.