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uBid, Cahners form alliance

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Elk Grove Village, Ill.--uBid, an online auction and e-commerce site, announced Thursday that it has formed an alliance with Cahners Business Information, Newton, Mass. Through the alliance, uBid will introduce real-time electronic bidding to subscribers of certain Cahners magazines and Web sites. The first step in the deal, which is expected to take place in the first quarter of 2000, will see uBid and Cahners targeting the printing, packaging, food service and paper-conversion industries, offering them the opportunity to buy and sell industrial equipment via live-action bidding on uBid's Web site, www.ubid.com.
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