Yahoo! Auctions is a service set up by the online search giant Yahoo! in 1998 to compete against eBay. The US and Canada sections of the site were closed on June 16, 2007, and on September 22, 2008, the Singapore section of the site was closed. The Hong Kong, Taiwan and Japanese sites remains up and running. A UK and Ireland service was closed on June 28 2002. During the shut-down of the UK and Ireland service, Yahoo! took the unusual step of endorsing its main auctions rival, eBay, as their 'preferred' service.
Auctions was preferred by some sellers for its no-fee policy - all revenue was from advertising. Singaporean users chose to shy away from eBay after the closure of Auctions in Singapore, citing high fees and a cluttered website.
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SOLD.com.au takeover
SOLD.com.au, a major competitor to eBay in Australia, was taken over by Yahoo! in 2001. SOLD.com.au was previously owned by John Fairfax Holdings' online interactive arm, F2. The site was given a new address of http://au.sold.yahoo.com. In August 2003 Yahoo! told SOLD's members that the site would be shutting down and directed users to eBay. The URL SOLD.com.au now redirects to eBay after passing briefly through Yahoo!'s servers at http://au.commerce.yahoo.com.
Yahoo! Wallet
Yahoo! Wallet is a lesser-known competitor to eBay's PayPal. Wallet was designed for use at Yahoo! websites such as Yahoo! Music and Yahoo! Auctions. Likewise, new Auctions sellers were required to confirm their identity by entering in their credit card number into Wallet. The service is still running.
Yahoo! Kantan kessai (Yahoo!かんたん決済 Yafū kantan kessai) is a similar service for paying for Japanese auctions using either bank accounts at certain Japanese banks, or a credit card issued by a Japanese bank[1]. In order to use a credit card, your bank must have registered how your name is written out in katakana, which effectively blocks the use of all non-Japanese cards[2].
References
- Ina Steiner Yahoo Closes Australian Auction Site (2003). From AuctionBytes.com.
- Tan Weizhen No Yahoo! Auctions site? No problem! (2008). From AsiaOne Business.
- Yahoo! Inc. Yahoo! Auctions Unveils Premier Auction Area (1999). From Yahoo! Media Releases.
External links
- Yahoo! Auctions US
- Yahoo! Auctions Singapore
- Yahoo! Auctions Hong Kong
- Yahoo! Auctions Taiwan
- Yahoo! Auctions Japan
- Yahoo! Auctions UK
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