Press Release / UNDER NEW MANAGEMENT, GET-DIAMONDS.COM TO RE-LAUNCH

Backed by the World Federation of Diamond Bourses, the bespoke GET-Diamonds trading platform is poised to set a new standard of transparency and technology

October 7, 2024, Antwerp & Sydney

The World Federation of Diamond Bourses (WFDB) has announced that the global B2B diamond marketplace, GET-Diamonds.com™ (GET) is being relaunched, under a licensing agreement with YourDiamonds.com® (YD) of Sydney, Australia.

The re-introduction of GET-Diamonds.com™ is being led by diamond industry veteran, Tim Goodman, founder of YourDiamonds.com®, a leading developer of technology for the diamond industry, which owns the license to manage the GET platform. Goodman is a 5th generation diamantaire and former Executive Chair of Sotheby’s Australia. As its very first action, GET has joined the WFDB to launch the 2024 Global Diamond Industry Survey, commencing today. This survey invites the industry to have a say in its future. The survey is offered to the GET and WFDB databases, including tens of thousands of manufacturers, wholesalers, and retailers, and can be completed by any member of the trade on the GET-diamonds.com website.

GET-Diamonds.com is a transparent, data-driven trading platform created “by the industry, for the industry,” with a growing inventory of polished natural diamonds and more than 1 million diamonds currently for sale. There are 29,000 approved members from over 100 countries currently enjoying GET-Diamonds’ services, free of charge. The B2B trading platform makes transactions possible without ‘middlemen,’ placing the power in the hands of the traders, saving them both time and money. Suppliers upload their inventory for sale, and buyers search the lists and buy directly from the suppliers, offline.

The relaunch of the platform will feature new state-of-the-art technological tools to better serve users. The improved platform makes it easier for suppliers to upload their inventory and for buyers to search for the diamonds they need in an environment of greater transparency.

WFDB Vice-President Moshe Salem said that he was excited to relaunch the GET platform under the professional management of YourDiamonds.com®. “We are pleased to entrust the operations of GET-Diamonds to such an experienced and technologically advanced company, whose goals align with those of the WFDB. YD’s principal, Tim Goodman, strongly believes that GET’s advanced technology platform will provide the keys to help the diamond industry move forward.”

Goodman said, “We are honored and privileged to have been entrusted by the WFDB to operate the GET business. Our brief is to put service first; GET has over 29,000 approved members, and we want to make their lives easier and more profitable.”

For more information on the platform, visit www.get-diamonds.com or to speak directly with a representative, contact [email protected].


For Additional Information contact:

Rebecca Moskal
Communiqué
e: [email protected]
c: +1 646 245 1263

Sharon Gefen
WFDB
e: [email protected]
c: +972 54 4494494


BACKGROUND NOTES:

Originally founded in April 2020 by the WFDB, GET-Diamonds.com is backed by the WFDB’s 27 bourses and their members located around the world. GET-Diamonds is a non-profit entity whose mission is to serve the global diamond industry; any profits generated are re-invested for the betterment of the industry, including generic diamond marketing. Membership is free.

Designed to be a best-in-class online diamond destination for the jewelry industry, the relaunched GET-Diamonds.com™ platform strives to be the most user-friendly, transparent, results-driven, and feature-rich trading platform. GET’s algorithms process millions of data points of raw data to create the tools GET users need. The GET process is transparent, with no human interference. Users can rely on the information available to them 24/7, allowing them to make fully informed decisions regarding the pricing of their goods and market trends.


The relaunched GET platform provides an instant upgrade to users, with features including:

  • “Diamonds Wanted”: enables buyers to list the details of the stones they are seeking to buy and connect directly with sellers who meet their exact needs. This direct line to potential suppliers saves time and ensures an immediate match for customer/inventory requirements and competitive pricing.
  • Enhanced inventory upload and search.
  • Enhanced member support services.

Also, in development by YourDiamonds.com®:

  • New Concept for Trade Finance.
  • Blockchain-Based Diamond Certificates.
  • Transparent Pricing Applications with zero human interference.

Goodman said, “We are completing the development of new transparent pricing apps to be released within the coming months. We will use data gathered by the 2024 Global Diamond Industry Survey to tailor the technology to suit the industry’s needs.”

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