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Bidz.com, the online jewelry auctioneer, expects international sales to increase by more than 50% in comparison to the second quarter of fiscal year 2007.
The company reported that the Spanish-language version of its website has seen positive results. Columbia, Mexico, Chile and Spain are among the top 10 countries for visitors during the past month.
Bidz.com CEO David Zinberg stated: "The Spanish translation of our website is yielding the desired results, and we are encouraged that future translations into foreign languages will be equally successful. We believe our jewelry offering at value prices and in a fun and exciting format is attractive to consumers all over the world and we look forward to tapping into new markets."
The Arabic version of the jewelry site is scheduled to be launched during the third quarter of this year.
Bidz.com has reaffirmed its previous guidance for the second quarter with revenues ranging around $48 million-$50 million, and for the full fiscal year 2008 predicted revenues fall in the range of $225 million-$230 million.
Source: israelidiamond
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