WineBid Announces Record Revenue and Growth for 2020

Posted: 02/10/2021

SEATTLE, Feb. 10, 2021 /PRNewswire/ -- Kicking off its 25th anniversary year, WineBid announced a record-breaking year in 2020. Total weekly auction bidder growth during the holiday season surpassed 45% year over year. Total revenue grew 17% to $33.8 million, constrained only by marketplace supply. The company also significantly increased profitability over prior years.

Producers including Domaine de la Romanee-Conti, Chateau Lafite Rothschild, Harlan Estate, and Screaming Eagle all achieved incredible hammers, in single bottle lots as well as case lots:

Lot	Sale Price
2017 Domaine de la Romanee-Conti Romanee Conti	$13,500
2015 Domaine de la Romanee-Conti Romanee-St. Vivant (6-bottle Lot, OWC)	$13,110
2014 Domaine Bizot Echezeaux, 3.0ltr	$10,500
2003 Chateau Lafite Rothschild (12-bottle Lot, OWC)	$10,400
2007 Screaming Eagle (3-bottle Lot, OWC)	$10,200
2016 Screaming Eagle (3-bottle Lot, OWC)	$7,910
2013 Harlan Estate (6-bottle Lot, OWC)	$5,730
2007 Ghost Horse Spectre Cabernet Sauvignon	$4,600

"2020 is a vintage that will never be forgotten- we were glad to succeed and also be able to help others in need," concluded Mann. "WineBid looks forward to accelerating our innovations and growth, and helping people around the world share and enjoy great experiences through wine."

Read the whole article here:

Read 2020 Annual Recap

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