Yahoo Inc. has told users it will shut down its North American Web auction site. Just last week they announced plans to shut down Yahoo Photos in June, asking users to move to Yahoo's Web 2.0 photo sharing site, Flickr.
According to a message posted on the Yahoo Auctions site at 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. Yahoo auction sites in three Asian markets—Hong Kong, Singapore and Taiwan will remain open.
"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," the U.S. auctions site told visitors on Tuesday.
Yahoo continues to offering a range of U.S. e-commerce sites, including ones for shopping, auto sales, classified advertising and small business.
On Friday, Jeff Weiner, executive vice president of Yahoo's Network Division, said in a company statement: "We are making great strides in our ongoing efforts to align Yahoo's resources and focus on core strategic priorities."
According to audience measurement firm comScore Inc., online auction leader eBay Inc. accounted for more than 94 percent of online auctions activity among U.S. Web users last week. Online retail giant Amazon.com Inc.'s U.S. auction site accounted for one-third of a percentage point, while Yahoo's auctions held only an 0.2 percent share.
"It comes with little surprise given Yahoo's advertising relationship with eBay, and eBay's massive dominance of the auction category," Hitwise research director LeeAnn Prescott wrote in a blog post.
A year ago, eBay and Yahoo announced a strategic alliance to cooperate on a range of services in their core U.S markets.
As of Friday, May 4, 2007 certain Yahoo auction features were discontinued. A limited set of customer service features and account tools will be available through October 29.
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