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Sotheby’s to launch online auctions on EBay

EBay Inc. and Sotheby’s have partnered to make sought-after artwork, antiques and collectibles available for auction online, Bloomberg has reported. The companies will begin by placing some live Sotheby’s offerings up for bid in New York on EBay’s website, the two firms said. Sotheby’s will be the “anchor tenant” on a redesigned EBay site, with auctions in 18 categories, and the companies will work on other types of sales along with live auctions from other Sotheby’s locations, they said.