Sotheby's is an auction house that specializes in the sale of fine and decorative art, jewelry, and collectibles. The company operates globally with a presence in the United States, the United Kingdom, China, and France. It is divided into three segments: Auction, Finance, and Dealer. The Auction segment is where the company conducts its auctions of authentic items, while the Finance and Dealer segments offer financing services to clients and operate private transactions, respectively. Overall, Sotheby's is a prominent player in the art world and has become synonymous with luxury auctions.