Machinio Triples Revenue and Expands to Europe with Launch of New Websites
Chicago, IL (PRWEB) November 29, 2016 -- Machinio.com, the fastest-growing used machinery website in the world, has recently launched new websites focused on the European used machinery market (Machinio.DE, Machinio.FR, Machinio.NL, Machinio.IT, and Machinio.ES).
In the last year, Machinio has tripled their core metrics of revenue, web traffic, and buyer requests on Machinio.com. The company believes they are the future of the used machinery industry, and big players seem to agree. Ritchie Brothers, the world’s largest equipment auctioneer, led an investment of $3M into Machinio earlier this year. The Chicago-based Machinio will continue to expand globally, and has plans to open a European headquarters in Berlin in 2017.
“Over the last couple of years, we’ve grown tremendously in Europe, which now accounts for 40% of our total revenue. We recognize there is a huge opportunity for us to keep growing in this region and continue to help users find the exact machine they are looking for, no matter where they are located and what language they search in,” said Dmitriy Rokhfeld, CEO.
Machinio lists over one million used machines for sale, from agriculture and construction equipment, to metalworking and printing, attracting over 500,000 unique buyers every month.
With the aggressive expansion into Europe, Machinio is also growing their European sales team as well, hiring multiple staff members across the continent to generate new business and manage accounts.
About Machinio - Machinio is a global search engine for finding, buying, and selling used machinery and heavy equipment. Machinio serves buyers and sellers in over 190 countries around the world and with more active listings than any other website, Machinio is the most comprehensive real‐time database of for-sale listings. Learn more at machinio.com.
Robin Hargadon, Machinio Corp, http://www.machinio.com, +1 (708) 308-8156, [email protected]
Share this article