Yahoo plans to close North American buying site in mid-June this year

A few days ago, Yahoo announced that it will close in North America on June 16 this year to buy the auction site. Yahoo's move surprised the industry, given its partnership with ebay and the strong influence of ebay on the market. According to the statistics of May 7, the ebay site accounted for 94% of the day, while the Yahoo buy site accounted for only 0.19% of the market flow, ranked 9th.

Yahoo said in a statement: "After careful consideration, the company decided to close the U.S. and Canada auction sites, through other Yahoo products to better serve the users." Yahoo's move to close the auction site will not affect the rest of its auction sites in Hong Kong, Singapore and Taiwan. Yahoo's representative did not further elaborate on the reasons for closing the auction site.

ebay is http://www.aliyun.com/zixun/aggregation/31877.html "> the world's largest electronic trading site, its main use of 6184.html" > Yahoo search engine, accounts for about 1.34% of Yahoo's search traffic. By contrast, Yahoo's buying site accounted for only 0.01% of Yahoo's search engine traffic over the same period.

(Original starting on May 8, 2007; compiling: Song)