# New online auction site to raise funds for charities

- Link: https://fundraising.co.uk/2007/02/27/new-online-auction-site-raise-funds-charities/
- Published: 2007-02-27T00:00:00+00:00
- Author: Howard Lake

**E2bid.com is a new online auction site which launches next week. “The UK’s first
Auction marketplace dedicated to raising money for charity”, run by a Community 
Interest Company, aims to differentiate itself from other online auction sites by
charging just 40p to list items and not charging a final value fee.**

E2bid.com says that 25% of listing fees will be donated to charity together with
25% of all site revenue. Indeed, the company aims to increase this to 50% or more.

Beneficiary charities at launch include:

## Advertisement

* C-r-y

* Carla Lane’s Animaline

* Celia Hammond Animal Trust

* James Whale Fund For Kidney Cancer

* PPUK

* Duchenne Muscular Dystrophy

* Sense

* Sparks

and the company is seeking to add more.

E2bid.com’s co-founder James King said: “We are driven by an urge to divert some
of the huge profits currently made by large organisations back into the pockets 
of the sellers and most importantly those good causes which really deserve support
and currently receive nothing or very little from online selling.”

The site will be launched on 1 March 2007.

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