“Invaluable delivers an important component of Sotheby’s online sales
strategy,” says Sotheby’s operations and chief transformation officer.

BOSTON–(BUSINESS WIRE)–Invaluable, the world’s leading online marketplace for fine art,
antiques and collectibles, today announced an extension of its
partnership with Sotheby’s that will continue listing the iconic global
auction house’s sales on Invaluable’s marketplace through 2022.

Invaluable CEO Rob Weisberg said: “We’re extremely pleased to extend
our partnership with Sotheby’s for four years and proud that Invaluable
has helped this storied company grow online bidders and buyers and
expand its online sales.”

Sotheby’s Operations and Chief Transformation Officer Ken Citron said: “Invaluable
delivers an important component of Sotheby’s online sales strategy.
We’re always striving to reach the widest possible audience of bidders
and create more opportunities for engagement – both key priorities of
this partnership.”

Sotheby’s joined the Invaluable marketplace in early 2016, initially
offering 112 sales. Last year, that number grew to 250 auctions in New
York, London, Hong Kong and Geneva. The results of Sotheby’s auctions on
Invaluable in 2018 compared to the previous year showed:

• Number of bidders coming through Invaluable increased 35%
• Number of buyers coming through Invaluable increased 39%
• Lots sold to Invaluable bidders increased 35%
• Value of lots sold to Invaluable bidders increased 21%
• 90% of bidders coming through Invaluable were new to Sotheby’s

For more information on Invaluable, please visit www.Invaluable.com.
For more information on Sotheby’s, please visit www.Sothebys.com.

About Invaluable

Invaluable is the world’s leading online marketplace for buying fine
art, antiques and collectibles. Working with more than 5,000 of the
world’s premier auction houses, dealers and galleries, Invaluable helps
buyers from more than 180 countries connect with the things they love.
With best-in-class online bidding technology, along with a fixed-price
retail platform, Invaluable provides sellers with e-commerce and
marketing solutions, as well as auction management software. Invaluable
is headquartered in Boston. For more information, visit www.invaluable.com or
follow us on Twitter at @InvaluableLive.

About Sotheby’s

Sotheby’s has been uniting collectors with world-class works of art
since 1744. Sotheby’s became the first international auction house when
it expanded from London to New York (1955), the first to conduct sales
in Hong Kong (1973), India (1992) and France (2001), and the first
international fine art auction house in China (2012). Today, Sotheby’s
presents auctions in 10 different salesrooms, including New York,
London, Hong Kong and Paris, and Sotheby’s BidNow program allows
visitors to view all auctions live online and place bids from anywhere
in the world. Sotheby’s offers collectors the resources of Sotheby’s
Financial Services, the world’s only full-service art financing
company, as well as the collection, artist, estate & foundation advisory
services of its subsidiary, Art Agency, Partners. Sotheby’s
presents private sale opportunities in more than 70 categories,
including S|2, the gallery arm of Sotheby’s Global Fine Art Division,
and three retail businesses: Sotheby’s Wine, Sotheby’s Diamonds, and
Sotheby’s Home, the online marketplace for interior design. Sotheby’s
has a global network of 80 offices in 40 countries and is the oldest
company listed on the New York Stock Exchange (BID).

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Contacts

Andrew Gully
[email protected]
m.
978.886.3200