Media OutReach<\/b><\/a>\u00a0– 14
\nJanuary 2022 – Tokyo Chuo Auction Holdings Limited<\/b> (the “Company” or
\n“Tokyo Chuo Auction”, together with its subsidiaries, the “Group”, stock code:
\n1939.HK) announced that the Group, cooperating with multiple art brands, is
\nlaunching a new online art business platform “BiddingArt” tomorrow
\n(15 January). The platform breaks through the boundaries constrained by the COVID-19
\npandemic, displays the new artworks of local Japanese artists for global art
\nlovers, and provides an art purchase channel without limitation of place.<\/p>\n“BiddingArt” is currently the
\nonly online business platform in Japan that promotes original artworks. The Company
\nconnects high-quality artworks with global art lovers by regularly excavating
\nlocal original handcrafts and art brands. Users of “BiddingArt” will be able to
\nexplore different types of art stores ranging from traditional handcrafts to
\ncontemporary art on the platform without restriction of place. Users can also directly
\nsearch for and bid for their favorite artworks, receive the latest art information,
\nparticipate in online guided tours, join limited-time auctions, and even watch
\nlive art festivals across Japan.<\/p>\n
Currently, the platform has established
\ncooperation with several brands from “Yahoo Japan”, including various
\ntime-honored brands as well as innovative brands. In the coming future, with an
\naim to make contributions to the development of Japanese and even global art
\nmarket, the Company will continue to search for original handcrafts from all
\nover Japan, cooperate with independent artists, host art exhibitions, implement
\npublic education, and support art publishing, etc. through the “BiddingArt”
\nplatform, so that more preeminent artworks can be discovered.<\/p>\n
Mr. Ando Shokei, Chairman of Tokyo
\nChuo Auction, said, “Since the outbreak of COVID-19, we have
\nactively explored and developed online auction platform, which has achieved
\ndecent results and enabled the Group to record positive profit. The launch of
\nour new online business platform will make
\nart lovers and collectors around the world to participate in the search,
\nauction, live broadcast and exhibition of artworks anytime and anywhere. We
\nbelieve this will help facilitate the growth of the Company’s business and further
\nraise our brand awareness. Looking ahead, we will continue to stick to our
\noriginal intention and strive to promote high-quality artworks to each of our
\nsupporter.”<\/p>\n
Business Scope of “BiddingArt”<\/b><\/p>\n
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