• COMPANY:

    Listia Inc.

  • Start Date:

    2009

  • CEO:

    Gee-Hwan Chuang

  • FOUNDER(S):

    Gee-Hwan Chuang, James Fong

Listia is a free online marketplace for trading goods that uses its own currency. Instead of money, users use Listia credits, which are earned by signing up, being an active member, or giving away items. With the site’s auction system, users post items for auction, and other members bid credits. The item goes to the highest bidder, and the credits go to the one who posted the item. In addition to trading with members, users can spend their credits on items in Listia’s Rewards Store, which removes credits from circulation.

Url: listia.com

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