Stiwin - the next generation of online auctions

Founded in Ireland in 2008 PaddyGold was first penny auction website on Irish market. When we were ready to go global we decided to change name to the one thats sounds more "internationally" this is how Stiwin is born. Stiwin one of the world's most innovative auction sites. Based on a unique software solution and business model, the company sells premium products like: computers, cameras, game consoles and even cars, at very low prices. Stiwin auctions over 3,000 products per month and has more than 200,000 registered customers.

Here is how it works: our online customers buy Bids in advance. They cost 50c each and are sold in packs of 10, 55, 120, 185 or 400. Bidders have the choice of placing single bids, or, using an electronic bid assistant called the BidButler.
Every bid placed, increases the price of the product by 5c and the auction countdown by up to 20 seconds. The "last bidder standing" when the countdown reaches zero, wins the auction usually at a very low price; winners save, on average, 65% when compared to the recommended retail price. In December 2008, Stiwin was successfully launched in the Republic of Ireland, followed by United Kingdom in May 2009 and the US and Canada in January 2010, more countries are going to be added in the future.

What makes Stiwin so unique?

We are an Internet company with a unique, worldwide business model and, one of the first companies to combine e-commerce and entertainment. All of our auctions are buzzing from the first to the last second. Every user can get top of the range, brand name products for extraordinarily low prices.

Behind the scenes at Stiwin

Stiwin.co.uk is operated by Stiwin Ltd, located in London. We are a young company, but have passed the start-up phase and are now generating solid profits and growing strongly. We take pride in being motivated and able to make decisions quickly with our streamlined organization and strong work ethic. We have an open door policy for all employees and short lines of communication.
The entire company is becoming internationalized step by step; all of our official communication is in English.

We all have the passion and ambition to carry the Stiwin idea from its origin in Republic of Ireland to the rest of the world, on the way establishing the company as a major international e-commerce player. We work hard towards achieving these goals and like to enjoy ourselves at the same time. Our team currently consists of around 30 employees; our head office is in Republic of Ireland and we also have offices in London, Toronto and Silicon Valley.

UK office:
Stiwin Ltd
145-157 St John Street, EC1V 4PW, London, United Kingdom.
support@stiwin.com