Aucnet and Odakyu Department Store Launch Strategic Partnership in Asset Liquidation and Sales Support
Aucnet, a circular market design company, has launched a strategic partnership with Odakyu Department Store for 'INVID,' an asset liquidation and sales support service for high-net-worth clients. By leveraging Aucnet's BtoB online auction platform, the service provides objective valuation and sales support for high-value items like jewelry and watches.
📋 Article Processing Timeline
- 📰 Published: June 2, 2026 at 00:30
- 🔍 Collected: June 1, 2026 at 15:50
- 🤖 AI Analyzed: June 1, 2026 at 16:01 (10 min after Collected)
Aucnet Inc., a circular market design company, announced a strategic partnership with Odakyu Department Store, which operates department stores in Shinjuku, Machida, and Fujisawa, to launch 'INVID,' an asset liquidation and sales support service for Odakyu's private clients, utilizing Aucnet's BtoB online auction platform.
Aucnet launched the world's first real-time used car auction in 1985 and has since expanded into various fields, including used digital equipment, motorcycles, and luxury goods, accumulating specialized expertise in secondary distribution. In its fashion resale business, it operates a platform with over 6,500 buyers worldwide, handling more than 35,000 items weekly.
Meanwhile, Odakyu Department Store has built strong relationships with its private clients through years of high-quality hospitality. It holds a trusted position among high-net-worth individuals, particularly for high-value items such as jewelry, watches, and luxury brands.
With changing lifestyles and increasing needs for asset management, there is growing demand for the proper liquidation of high-value personal assets. In response, this partnership combines Odakyu's customer base and brand strength with Aucnet's appraisal and distribution platform to provide a new, secure asset liquidation service.
The service targets high-value items owned by Odakyu's clients. Through Aucnet's BtoB online auction, items are evaluated by professional buyers worldwide to maximize their value. Customers simply deposit their items, and Aucnet handles the entire process from appraisal to sale, providing a seamless and secure experience.
Aucnet launched the world's first real-time used car auction in 1985 and has since expanded into various fields, including used digital equipment, motorcycles, and luxury goods, accumulating specialized expertise in secondary distribution. In its fashion resale business, it operates a platform with over 6,500 buyers worldwide, handling more than 35,000 items weekly.
Meanwhile, Odakyu Department Store has built strong relationships with its private clients through years of high-quality hospitality. It holds a trusted position among high-net-worth individuals, particularly for high-value items such as jewelry, watches, and luxury brands.
With changing lifestyles and increasing needs for asset management, there is growing demand for the proper liquidation of high-value personal assets. In response, this partnership combines Odakyu's customer base and brand strength with Aucnet's appraisal and distribution platform to provide a new, secure asset liquidation service.
The service targets high-value items owned by Odakyu's clients. Through Aucnet's BtoB online auction, items are evaluated by professional buyers worldwide to maximize their value. Customers simply deposit their items, and Aucnet handles the entire process from appraisal to sale, providing a seamless and secure experience.
FAQ
Can this Japanese partnership model be applied to department stores in Taiwan?
Yes, Taiwanese department stores with high-net-worth client bases could adopt similar asset liquidation services to enhance customer loyalty and create new revenue streams.