Saved RMB 123,000 (19%) compare to first round quote
Buyer Company |
A European home appliance manufacturer with substantial business in China |
Project Name |
Advertising Vehicles Service Auction Event |
Bidding Items |
Provision of advertising vehicles services |
Suppliers |
3 pre-qualified advertising agencies based in Shanghai |
Budget |
RMB 648,000 |
Bidding Date |
February 2013 |
Bidding Strategy |
Bidding in one single lot. Bidders could see their rank only. Collected initial quotes from 6 service providers prior to auction event. 3 suppliers were disqualified due to various reasons. |
Bidding Results |
The whole bidding lasted for 45 minutes with 38 bids and 22 extensions. |
Bid Graph