Bidz.com Revenues Drop to $27.5 Million in Q4 2009

Online jewelry retailer Bidz.com reported net fourth quarter revenues of $27.5 million, a drop from the $35.1 million in the fourth quarter of 2008. Bidz’s revenues for the year ending December 31, 2009 were $110.4 million, compared with $207.4 million in 2008.