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See Full StoryOnline grocer Webvan will hold its third asset auction early next month, selling off
US$30 million worth of equipment used to service the Altanta, Georgia market it departed
earlier this year.
The auction, scheduled for August 7th and 8th, is the latest bid by Foster City,
California-based Webvan to raise some of the estimated $25 million it has said it needs
to survive to profitability.
Re: Webvan To Auction $30M Atlanta Investment
Posted by: Tartuffe 2001-07-06 17:30:06 In reply to: ECT News
It's amazing how much watching Webvan is like watching a game of Monopoly. Webvan built too many hotels on Park Avenue and Boardwalk, and is now forced to mortgage them and try to stay alive with a house on Baltic Avenue.
Is it possible that Webvan can be profitable on this side of the board?
Re: Webvan To Auction $30M Atlanta Investment
Posted by: Seeing double 2001-07-06 15:34:35 In reply to: ECT News
Hey, Wasn't this story in CNET News.com yesterday?
Why do you guys rewrite News.com's stories?
