Auctionbytes-NewsFlash, Number 587 - August 07, 2003 - ISSN 1539-5065
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Yahoo Closes Australian Auction Site
By Ina Steiner
AuctionBytes.com
Reading AuctionBytes: Yahoo Closes Australian Auction Site
Members of Yahoo's Australian auction site SOLD.com.au received word that the site is shutting down on August 20. The announcement directed users to eBay.com.au. Current auctions will continue to run, but SOLD stopped accepting the submission of new auction items. Members will be able to use their IDs for all other Yahoo services, such as Mail and Shopping. No reason was given for the closure.
Yahoo had purchased SOLD.com.au from F2, the online interactive network of John Fairfax Holdings, in April 2001. Later that year, eBay Australia took over auction site goFish from News Ltd.
In related news, sources say eBay is consolidating customer service into three locations worldwide: Germany; Vancouver, Canada; and a planned site near Dublin, Ireland; leading to layoffs in some global offices, including Australia.
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