eBay Inc. announced strategic partnership and investment in bidadoo. As one of the largest marketplaces for Heavy Equipment, eBay offers buyers a wide selection of equipment, trucks, parts and attachments for industries from construction to transportation to agriculture. This partnership will combine the proven platform and global reach of eBay with the unique capabilities and experience of bidadoo. In the United States, the used Heavy Equipment market is estimated to be between $50 billion and $60 billion. This highly fragmented industry historically reliant on offline, in-person sales and auctions has seen adoption of online equipment marketplaces accelerate through the COVID-19 pandemic. This trend further enhances eBay's ecosystem of cross-category commerce, which sees high-value buyers on the marketplace purchase in more than one category. Of note, 25% of equipment buyers on eBay also purchase parts and attachments for their machines. Through this partnership, eBay and bidadoo will meet customers' needs by leveraging technology, data and expertise to deliver industry-leading, end-to-end solutions and value. bidadoo brings specialized expertise in the Heavy Equipment sector, with a proven ability to provide a deep level of customer trust and assurances. Through bidadoo, eBay buyers have access to the best used construction equipment from leading manufacturers, governments, rental companies, contractors and financial institutions, all supported by eBay's Business Equipment Protection Program (BEPP). Additionally, bidadoo provides eBay buyers an added layer of confidence with the transaction every bidadoo equipment listing includes a detailed condition report, photos and video demonstration, and is sold with the bidadoo 100% Guarantee, allowing for a full refund if a listing was not accurately represented. The rapid shift in the Heavy Equipment online markets has created an opportunity for eBay and bidadoo to leverage their respective strengths. Together, eBay and bidadoo are committed to deliver value, selection and a trusted buying and selling experience for all customers, and be a leading solution in the market.