Frequently Asked Questions
Common questions about buying and selling used lab, pharmaceutical and industrial equipment on 101lab by GreenBidz — auctions, inspection, payment, shipping and seller verification.
What is 101lab by GreenBidz?+
101lab by GreenBidz is a B2B marketplace for used and refurbished laboratory, pharmaceutical and industrial equipment across Asia. Verified sellers list instruments through live auctions and fixed-price direct sales, and qualified buyers bid or buy with confidence — recovering value from surplus assets and sourcing quality equipment for a fraction of the cost of new.
What kinds of equipment can I find?+
The catalogue spans analytical and laboratory instruments — HPLC and GC systems, spectrophotometers and mass spectrometers, centrifuges, bioreactors and fermenters, microscopes, dissolution testers, balances and ovens — alongside pharmaceutical processing, QC and general industrial equipment. New listings are added continuously across categories.
Who can buy on the platform?+
The marketplace is built for businesses — laboratories, pharmaceutical and biotech companies, manufacturers, universities, resellers and institutions. You create a buyer account, verify your business details, and can then browse listings, place bids and make offers.
How do the live auctions work?+
Each auction listing shows the lot details, current bid and a closing time. You place a bid through the platform; if you are the highest bidder when the auction closes, you win the lot and proceed to secure checkout. Bidding is a binding commitment to purchase if you win.
What is the difference between auctions and direct sales?+
Auctions let buyers compete on price over a set period and close at a defined time. Direct sales are fixed-price listings you can purchase immediately without waiting for an auction to end. Many sellers offer both formats depending on the equipment.
Is the equipment inspected and is its condition verified?+
Every listing includes seller-provided specifications, photographs and condition notes, and listings are reviewed before going live. For many lots a detailed inspection report is available, and buyers can request additional photos, specifications or information from the seller before bidding.
How are sellers verified and how do you keep the marketplace trusted?+
Sellers register as businesses and have their details verified before listings are published, and our team reviews each listing for completeness and accuracy. Transactions run through the platform so order details are traceable end to end for both parties.
How do I sell my used lab or industrial equipment?+
Create a seller account, submit your equipment with clear photos and specifications, and our team reviews the listing before it goes live as an auction or direct sale. Visit the Sell page to get started, or contact us at support@greenbidz.com for help preparing a listing.
How is my equipment priced or valued?+
You can set a starting price for an auction or a fixed price for a direct sale. Our team can advise on realistic market pricing based on the make, model, age and condition of your equipment and comparable sales on the platform.
What payment methods are accepted, and is there buyer protection?+
Accepted payment methods are shown at checkout and may vary by seller and region. All payments are processed through the platform so funds and order details are tracked end to end, protecting both buyer and seller.
Do you handle shipping, logistics and customs?+
Yes. Laboratory and industrial equipment often needs specialised handling, so we help coordinate packing, freight and — for cross-border orders — export and import documentation. Estimated shipping costs are confirmed before you complete checkout. See the Shipping & Logistics page for details.
Are there fees to buy or sell?+
Applicable fees are disclosed before any transaction is completed and may vary by category, transaction type and region. There is no charge to browse the marketplace or create an account.
Which countries do you serve?+
We serve buyers and sellers across Asia and beyond, with shipping and logistics support arranged per transaction. If you are unsure whether we can ship to your location, contact us before bidding.