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GunBroker.com

GunBroker.com
Type of site
Shopping / Auctions / Specialty
Available inEnglish
ChairmanFred Wagenhals
CEOJared Smith
URLwww.gunbroker.com
CommercialYes
RegistrationOptional
Users7.7 million
Launched19 February 1999; 25 years ago (1999-02-19)
Current statusActive

GunBroker.com is an auction website for firearms and shooting accessories.[1]

History

Established in 1999, GunBroker.com is one of the world's largest online marketplace for firearms.[2]

GunBroker.com was founded by Steven F. Urvan after eBay started restricting gun sales.[3][4] Urvan ran the company until it was acquired by Ammo, Inc in 2021.[5] At the closing of merger, it had $60 million in revenue and 6 million registered users.[4]

On July 28, 2024, now-parent company AMMO, Inc. appointed Jared Smith as the company's Chief Executive Officer.[6] Fred Wagenhals is Chairman of GunBroker.com via AMMO, Inc.[7][8][9]

GunBroker.com has sometimes been used to study trends in firearm sales.[10]

In 2023, Steven Urvan sued Ammo, Inc claiming it duped him into selling GunBroker.com for $240 million in exchange for 17% stake in the company.[4]

Sponsorships

2012 NASCAR truck with GunBroker.com decals

GunBroker.com has been a sponsor for various NASCAR teams since 2004.[11] GunBroker.com was the primary sponsor of NASCAR Camping World Truck Series driver Jason White,[12] driver of the No. 23 Truck from 2008-2012.[13]

GunBroker.com partnered with USA Shooting for the Olympics. Several lawmakers called out to the Olympics to cut ties with GunBroker.com because of Nazi memorabilia listed for sale on GunBroker.com.[14]

References

  1. ^ Stolberg, Sheryl Gay; Hsu, Tiffany (2017-10-04). "Republicans Open to Banning 'Bump Stocks' Used in Massacre". The New York Times. ISSN 0362-4331. Retrieved 2023-10-03.
  2. ^ "Companies Selling the Most Guns, According to an Online Gun Broker – 24/7 Wall St". Retrieved 2023-10-03.
  3. ^ "Apps - Access My Library - Gale". Access My Library. Retrieved 2017-03-13.
  4. ^ a b c "Ammo Inc. Accused by Major Investor of GunBroker.com Deal Fraud". news.bloomberglaw.com. Retrieved 2023-09-27.
  5. ^ Herbst-Bayliss, Svea (2022-08-29). "Ammo's top investor seeks board control, nominates 7 new directors". Reuters. Retrieved 2023-10-04.
  6. ^ "GunBroker.com Owner AMMO Appoints Jared Smith As Operations Head". Benzinga. Retrieved 20 April 2023.
  7. ^ "AMMO Inc. - Governance - Executive Management". AMMO Incorporated. Retrieved 20 April 2023.
  8. ^ "Fred W Wagenhals Chairman/CEO, Ammo Inc". Bloomberg. Retrieved 20 April 2023.
  9. ^ "AMMO, Inc. Chairman, Fred Wagenhals, Provides Corporate Update In Letter To Shareholders". Benzinga. Retrieved 20 April 2023.
  10. ^ "6 Ways To Save Big On Your Next Gunbroker Gun Buy". Gun Digest.
  11. ^ Glorioso, Chris; Stulberger, Evan (2020-06-11). "After Confederate Flag Ban, NASCAR Still Linked to Company Profiting From Flag Sales". NBC New York. Retrieved 2023-09-26.
  12. ^ "TruckSeries.com". TruckSeries.com. Retrieved 2017-03-13.
  13. ^ "TruckSeries.com". TruckSeries.com. Retrieved 2017-03-13.
  14. ^ Glorioso, Chris; Stulberger, Evan; Berkowitz, Ben (2018-10-30). "I-Team: U.S. Olympic Squad Partners With Gun Website That Hosts Nazi Product Ads". NBC New York. Retrieved 2023-09-26.


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