Marketplace-E sees 28% rise in demand for heavy equipment ...United Arab Emirates

Marketplace-E, the online platform for buying and selling surplus heavy equipment, has recorded a surge in bidder activity in 2020 from buyers across the Middle East and Africa, according to global equipment auctioneer Ritchie Bros., the owners of the platform. Demand for heavy equipment on the platform increased by 28% last year when compared to 2019’s figures, said a statement from Ritchie Bros., which added that construction companies are increasingly turning to online marketplace platforms to search for more convenient asset disposition and purchasing alternatives during the Covid-19 disruption. Phillip Weston, key accounts manager, Ritchie Bros. Middle East, said: “This upsurge is predo

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Last updated : 16 February 2021 clock 01:00 PM

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Marketplace-E sees 28% rise in demand for heavy equipment ...United Arab Emirates

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