Yahoo Closing Doors on American Auction Sites
If you’re juggling too many balls, it’s better to make the conscious decision to remove some of them, than let them fall to the floor and look incompetent. That appears to be the strategy Yahoo is taking with the announcement of the closure of Yahoo Auction sites in the US and Canada.
Following on from the recent shutdown of Yahoo Photos, Yahoo plans to shutter Yahoo Auctions for North America beginning June 3rd.
After careful consideration, we have decided to close down our Yahoo! US and Canada Auction sites to better serve our valued customers through other Yahoo! properties.
If you’re a Yahoo Auction user, here are some dates you need to know.
- Last day to list an item: June 3, 2007
- Listings will not auto re-submit after June 3, 2007. (This could mean that your listings may not be submitted 5 times)
- Last day to Bid/Buy: June 16, 2007
- Last day to access remaining site tools such as My Account: October 29, 2007
The shutdown doesn’t include sites in Hong Kong, Singapore and Taiwan – which must be bringing in enough money to make them worthwhile.
I wonder if Jack Welch is consulting for Yahoo? It certainly appears Yahoo is following his business mantra of getting out of any business you’re not #1 or #2 in.
Via Inside Google.