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Old 11th May 2007, 02:52 PM
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Yahoo shutting down US Auction site

Yahoo scaling back not just photos, but auctions

Quote:
According to a message posted on the Yahoo Auctions site at http://auctions.yahoo.com/, the service will no longer accept new auction lists from June 3. The last day to bid or buy goods and services on the auction site is June 16.

The latest closure applies to Yahoo's U.S. and Canadian auction sites. Still open for business are Yahoo auction sites in three Asian markets -- Hong Kong, Singapore and Taiwan.
I assume Yahoo Japan auctions will also stay open.
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Old 12th May 2007, 01:16 AM
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Re: Yahoo shutting down US Auction site

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Originally Posted by alex
Didn't realize they did auctions, perhaps that's the problem :p
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Old 12th May 2007, 03:56 AM
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Re: Yahoo shutting down US Auction site

They have to be crazy to even think of closing the Auctions in Japan.
Over here Yahoo has a major share in
Search
Auctions
Online News
Online ads (Overture)
Affiliate (Value Commerce)
Blogs
Cell Phones (Softbank)
Broadband & regular house phones (YahooBB)
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Old 12th May 2007, 08:11 AM
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Re: Yahoo shutting down US Auction site

Quote:
Originally Posted by Olney
They have to be crazy to even think of closing the Auctions in Japan...
didn't Yahho auctions kill of Ebay Japan? or have i got all that wrong
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Old 12th May 2007, 08:50 AM
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Re: Yahoo shutting down US Auction site

Yeah that's right, Ebay still owns ebay.jp & ebay.co.jp, but Japanese don't know ebay or even paypal unless they plan on using it in on the English site.

Quote:
Originally Posted by Alphamale
didn't Yahho auctions kill of Ebay Japan? or have i got all that wrong
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Old 12th May 2007, 09:15 AM
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Re: Yahoo shutting down US Auction site

Quote:
Originally Posted by Alphamale
didn't Yahho auctions kill of Ebay Japan? or have i got all that wrong

Yahoo jp isn't really yahoo right? like controlled by a japanese partner?
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Old 12th May 2007, 10:09 AM
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Re: Yahoo shutting down US Auction site

Quote:
Originally Posted by touchring
Yahoo jp isn't really yahoo right? like controlled by a japanese partner?
Ebay flunked out in Japan and China.

Perhaps they should have experimented with a local language site or something?
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Old 18th May 2007, 04:46 AM
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Re: Yahoo shutting down US Auction site

yahoo
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Old 18th May 2007, 05:10 AM
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Re: Yahoo shutting down US Auction site

Quote:
Originally Posted by Rubber Duck
Ebay flunked out in Japan and China.

Perhaps they should have experimented with a local language site or something?

Ebay didn't hire olney to advise them of japanese culture.

For china, the communist govt will never let foreign media gain a foothold. They can do all sorts of funny things to make life difficult - like the Google.cn case (Google had to pay 1million us dollars to buy the name from the squatter).
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Old 18th May 2007, 06:30 AM
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Re: Yahoo shutting down US Auction site

Ebay was late in coming in to the auction market in Japan. Not realizing that as the second largest market in the world, it was really quite a priority that they establish themselves early. The network effect of auctions sites is such that it is effectively a winner take all game (um...not unlike the ppc search engine advertising model btw). Unfortunately, that means winner take all IN A GIVEN MARKET not altogether. Which is something that Ebay's Meg Whitman now realizes and pounds her head on her desk for. Dying of lack of inertia, ebay pulled out of the Japanese market pretty early on - another mistake Whitman regrets.

As for China, ebay has had a couple of acquisitions there I believe and is a contender. They bought my old boss' company for like $300 million which started out as a deliberate attempt to "copy the ebay model and apply it in China".
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