Filed under: Business, Internet, Web services, Yahoo!
Yahoo shutting down auction sites
As a service to the two people who used it, it seems appropriate to inform the world that the Yahoo auction sites in the US and Canada are shutting down. So Steve, Tommy, you're both going to have to switch over to eBay. Sorry. You're probably better off anyway. In what amounts to cutting off a non-cancerous mole, Yahoo will officially drop this bombshell on June 16, which gives their whopping 0.19% of the US market share over a full month to embrace this potentially life shattering change. For anyone desperate to stick with Yahoo for all their auctioning needs, the sites in Hong Kong, Singapore, and Taiwan will remain active. It can only be assumed that eBay will add the Yahoo traffic scraps to their already dominating 95% of the market. Bumping their total all the way up to 95% (with rounding).
Why would Yahoo cut out what must be dozens of dollars in revenue each year? Some say that it has to do with the government's impending crackdown on internet sales taxes, which was discussed early on Download squad here. Seems that it isn't just the little guys being affected by this. Somehow though, Yahoo will probably pull through.
After spending the better part of an hour on 
Reader Comments (Page 1 of 1)
james 42 said 6:04PM on 5-09-2007
you got a couple of chuckles here.
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