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QXL ricardo Plc is a pan-European auction site that conducts consumer-to-consumer and business-to-consumer auctions with a wide variety of merchandise including computer hardware and software, consumer electronics, household appliances, collectibles, travel items, and sports equipment. It serves 13 western European countries with country-specific merchandise, transactions in multiple languages, an exciting buying environment, and a superior method for selling goods online. In consumer-to-consumer auctions, sellers are charged a percentage of the winning bid as a success fee. In business-to-consumer auctions, QXL ricardo Plc sells products on its own behalf and also is a go-between, selling products for a third party, (charging a commission fee on sold items). QXL.com is also involved in charity auctions in which donated items are bid on, with the proceeds going to the sponsor charity.
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