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Yahoo! Eliminated from the Online Auction Race

May 10, 2007

Yahoo! has decided to retire themselves from online auctioning in the US and Canada. Yahoo! US Auction sites and Yahoo! CA Auction sites will stop taking new listings June 3 and shut down completely June 16, according to a notice to users posted on the Yahoo! Auctions websites.

Their message to users:
“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.”

Seems they are admitting that they aren’t a true player in the online auction game and they are closing to focus on other areas of service they offer users. These other areas, I hope, are areas they excel in. Yahoo! Actions closing isn’t that surprising to me, I’m a die hard eBay fan. I’ve used Yahoo! Auctions but the results were way below eBay.

I welcome comments on this topic! Are there ANY die hard Yahoo! Auctioneers out there?

To read Yahoo!’s official announcement, visit Yahoo! US Auctions and Yahoo! CA Auctions.