- Bidlive is a unique online portal serving independent auctioneers of transport and industrial equipment. The Bidlive system is designed to allow established regional and local auctioneers around the world to pool assets for sale on one web site and attract bidders with easy, one-step access to a global range of equipment, giving them the economy of scale they need to compete effectively in the global online commercial auction industry.
- Bidlive effectively combines the offerings of many highly reputable local auctioneers to form a single global live online auction experience for bidders in a one stop shop environment.
- Bidlive Management FZE was formed to manage all operations, bidder and auctioneer customer service, marketing, and business development for the Bidlive webcasting platform. Based in the United Arab Emirates, Bidlive Management covers the targets markets of the Middle East, Europe and Asia from offices in Dubai, London and Hong Kong.
- A joint venture between IDVC and Bidlive gives IDVC marketing and customer interface control of the system in return for a share of the buyer's premiums generated from online sales.