Invaluable, the world’s largest online live auction marketplace, today announced a new strategic partnership with LeFigaro.fr, France’s leading information website. Through the new partnership, Invaluable’s technology will power Le Figaro’s online auction platform, which offers online bidding on auction sales taking place throughout France and Europe.  As part of the partnership, both companies will cross-market their auctions across their respective platforms. The new program provides Invaluable auction houses with increased access to French and European auction buyers, while providing Invaluable bidders with access to increased merchandise available through French and European auction houses.

“France is home to many of the premier auction houses in the world. We believe our new partnership with Le Figaro will help expand the reach of those auctions to more bidders, while also giving French and European auction buyers the opportunity to participate in more auction sales both in France and abroad,” said Rob Weisberg, Invaluable CEO. “This new alliance is another big step in globalizing the auction market and leveraging technology to make it easier for buyers to participate in auctions around the world, no matter where they are located."

The updated Le Figaro Auctions platform includes catalogs from Invaluable auction houses which are being promoted to Le Figaro’s users throughout France and Europe. Le Figaro’s auction platform is designed in a similar fashion to the current Invaluable site, giving French bidders the ability to participate in online bidding for both live and timed auctions taking place in France and at auction houses around the world.  Clients of Le Figaro Auctions can bid live or absentee, as well as watch lots and set up alerts to be notified when particular items come up for sale.

“We are thrilled about our new partnership with Invaluable as we strive to grow the popularity of online bidding on auctions here in France, and we’re excited to leverage Invaluable’s technology to offer an enhanced experience on our online auction platform,” said Bertrand Gie, CEO of Le Figaro.fr.  “Our new platform powered by Invaluable makes it easier for our users to participate in traditional auctions through online bidding, while helping our auction house partners draw more bidders to their sales.

About Invaluable

Invaluable is the world’s largest online live auction marketplace, featuring a live online bidding platform that allows collectors and dealers to bid in real-time in auctions held around the world. As the leading developer of SaaS and ecommerce applications for the auction industry, Invaluable provides auctioneers with marketing and ecommerce solutions across Invaluable and AuctionZip web properties, as well as access to RFC Systems, the company’s auction management software. Invaluable’s best-in-class historical price database includes more than 58 million complete auction results, totaling more than $204 billion in value. Founded in 1989 in Boston, Invaluable also has offices in Pennsylvania and the United Kingdom.  For more information, visit www.Invaluable.com.

About The Figaro Group

The Figaro Group is a multimedia publisher of news, entertainment and financial content and services, both in print and digital form. Its flagship newspaper, Le Figaro, is the leading daily newspaper in France, selling an average of 323,000 copies per day during the week, and over 432,000 copies of its weekend edition, which includes Figaro Magazine and Madame Figaro. Its online presence, lefigaro.fr, continuously strengthens its position as leader of French news websites with more than 9.5 million unique visitors each month. The Figaro Group has some of the largest classified, financial and vertical content platforms and continues to extend its audience reach by developing new applications for mobile devices including smartphones and tablets.  For more information, visit http://www.lefigaro.fr

About Le Figaro Enchères (Le Figaro Auctions)

Launched in 2012, the Figaro Enchères website offers real-time news and a new online auction platform, offering live bidding on auction sales taking place at auction houses throughout France and Europe.