Get the latest updates as we post them — right on your browser

. Last Updated: 07/27/2016

Stavka’s Auction Site, once a puny competitor for mighty online auction, has carved out a new niche for itself by offering its software and its address to any company wishing to set up its own proprietary auction.

Stavka, the first site to undergo transformation in the Internet Incubator, a seed capital fund operated by A Partners consultancy, has repositioned itself as an application service provider, which hosts and rents out applications to other companies, the Internet Incubator has announced. Stavka’s version of the ASP is free, A Partners public relations manager Olga Issa said in a statement.