Yahoo! Auctions

Last updated
Yahoo! Auctions
Type of site
Auction
Owner Yahoo!
URL www.auctions.yahoo.com/ at the Wayback Machine (archived June 16, 2007)
LaunchedSeptember 14, 1998;25 years ago (1998-09-14) [1]

Yahoo! Auctions is a service set up by the online search giant Yahoo! in 1998 to compete against eBay. [2]

Contents

There are currently only two localizations of the service active in Taiwan and Japan; Yahoo! has discontinued the service in the United States, Canada, Singapore, Hong Kong, United Kingdom and Ireland. The US and Canada section of the site closed down on June 16, 2007. [3] The Singapore section of the site was closed on September 22, 2008. The UK and Ireland service was closed on June 28, 2002. During the shutdown of the UK and Ireland service, Yahoo! had endorsed its main auctions rival, eBay, as their 'preferred' service. The Hong Kong service was terminated on May 31, 2020. [4] Since Wednesday, April 6, 2022, the Japanese version of Yahoo Auctions has blocked access from the EEA and United Kingdom. [5]

Yahoo! Auctions was preferred by some sellers for its no-fee policy — all revenue was from advertising. Singaporean users chose to shy away from eBay after the closure of Yahoo! Auctions in Singapore, citing high fees and a cluttered website. [6]

SOLD.com.au

In April 2001, Yahoo! acquired SOLD.com.au, a major competitor to eBay in Australia. SOLD.com.au was previously owned by John Fairfax Holdings' online interactive arm, F2. The site was given a new address within the yahoo.com domain. In August 2003, Yahoo! announced that the site would be shutting down and directed users to eBay. [7]

Yahoo! Wallet

Yahoo! Wallet is a lesser-known competitor to PayPal. Wallet was designed for use at Yahoo! websites such as Yahoo! Music and Yahoo! Auctions. Likewise, new Auctions sellers were required to confirm their identity by entering in their credit card number into Wallet. The service has also been discontinued outside Japan, Taiwan and Hong Kong.[ citation needed ]

Yahoo! Kantan kessai (Yahoo!かんたん決済, Yafū kantan kessai) is a similar service for paying for Japanese auctions using either bank accounts at certain Japanese banks, or a credit card issued by a Japanese bank. [8] In order to use a credit card, your bank must have registered how your name is written out in katakana, which effectively blocks the use of all non-Japanese cards. [9]

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References

  1. "Yahoo! Inc. - Company Timeline". Wayback Machine . 2008-07-13. Archived from the original on 2008-07-13. Retrieved 2016-07-20.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
  2. "Yahoo! Auctions Unveils Premier Auction Area". Yahoo! Media Releases. Santa Clara, California, United States of America: Yahoo! Inc. February 1, 1999. Archived from the original on August 13, 2007. Retrieved October 14, 2008.
  3. "Yahoo Shutting Down Auctions – Second Service to DeadPool This Month". 10 May 2007. Archived from the original on 4 May 2023. Retrieved 10 January 2024.
  4. Lung, Tiffany (2020-02-12). "Yahoo! Hong Kong quits online commerce space". Inside Retail. Archived from the original on 2022-10-03. Retrieved 2022-10-01.
  5. Byford, Sam (2022-02-01). "Yahoo Japan is going dark in Europe". The Verge . Archived from the original on 2023-06-05. Retrieved 2022-10-01.
  6. Weizhen, Tan (September 27, 2008). "No Yahoo! Auctions site? No problem!". AsiaOne Business. Singapore Press Holdings Ltd. Archived from the original on October 5, 2008. Retrieved 25 December 2010.
  7. Steiner, Ina (August 7, 2003). "Yahoo Closes Australian Auction Site". AuctionBytes.com. Steiner Associates LLC. Archived from the original on 15 June 2011. Retrieved 25 December 2010.
  8. "ご利用可能なクレジットカード・金融機関一覧". Yahoo!かんたん決済. Yahoo! Inc. Archived from the original on 25 June 2014. Retrieved 25 December 2010.
  9. "Credit Card Sample Image". yahoo.co.jp. Archived from the original on 2011-07-23.