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JA Announces ‘Get Diamonds’ as Member Benefit Partner July 01, 2020 (0 comments)

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New York, NY – Jewelers of America (JA) has tapped Get Diamonds, the B2B online diamond marketplace backed and supported by the World Federation of Diamond Bourses (WFDB), as a Member Benefit Partner. Image: Rough-polished.com.

The Get Diamonds platform was launched this spring in response to industry blowback against Martin Rapaport’s diamond price list, which on March 20 listed tremendous drops in diamond prices. Rapaport said the list reflected market realities but the trade revolted and began searching for a new independent third-party trading platform. WFDB took the lead in acquiring and developing one, with the goal of it being a non-profit industry-run platform, not a private for-profit enterprise. Within five weeks, the platform established itself as the industry’s leading platform, said Yoram Dvash, WFDB acting president in a May interview.

Related: Diamantaires Bolt From Rap

Through this offer, JA Members now have access to a VIP enrollment experiences as well as discounted subscription services. The Get Diamonds online trading platform allows trade members access to a large volume and variety of diamonds. The 4,000 registered suppliers are all members in good standing of WFDB-affiliated diamond exchanges. Get Diamondsis the world’s largest online diamond marketplace, listing 1.3 million stones worth over $5.7 billion, with 25,000 registered buyers from around the world. It’s powered by Lucy Platforms, a leading developer of e-commerce platforms for the diamond industry.

“We are looking forward to providing our members access to the Get Diamonds platform. The platform is very comprehensive and enables our members to better serve their customers and compete in today’s challenging business environment,”says JA president and CEO David J. Bonaparte.  

Through the Member Benefit, Jewelers of America Members will receive:

“Get Diamonds is the only non-profit trading platform that was established ‘by the industry, for the industry.’ It is committed to full transparency, and all profits will be used for projects that benefit the global diamond and jewelry industries. We are proud to be a Member Benefit Partner of Jewelers of America. Both the WFDB and JA embody a shared commitment to professionalism, trust and ethical practices,” says Yoram Dvash, acting president of the World Federation of Diamond Bourses. 

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