BidCactus Acquires GoBid

A few weeks ago I met with Lael of GoBid, we discussed the penny auction industry and the future of GoBid (which has been down for a few months now), we learned that GoBid users would soon have the option of transferring to a large, established penny auction site. Just today GoBid announced their acquisition by If GoBid users transfer to BidCactus they will receive 3 free bids at

From the official message:

“At, we set out to create the best online auction experience by guaranteeing fair play, providing helpful customer service and creating a fun customer experience. We have auctioned off more than 100,000 items including televisions, laptops, electronics, household items and gift cards. BidCactus® is the first and only online penny auction site to be accredited by a top accounting firm and the first to be accredited by the Better Business Bureau.”

Discuss penny auctions in our forum!

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