Sunday, July 11, 2004

Singapore eBay user wins auction for a private lunch with investment guru Warren Buffett

EBAY IN THE NEWS TODAY:
(SINGAPORE) A Singapore-registered eBay user by the ID of 'jchoo9' has won an online auction for a private lunch with investment guru Warren Buffett in New York for a whopping US$202,100.

The auction, put up on June 28, lasted 10 days and saw 11 bids being placed by three users including 'jchoo9'. The Singapore bidder's first bid of US$55,000 appeared on July 5, but a competing bidder threw in a US$100,000 bid the same day. The Singapore bidder then raised his bid sharply and ended up winning the auction.


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