Yahoo! Auctions
Encyclopedia
Yahoo! Auctions is a service set up by the online search giant Yahoo!
in 1998 to compete against eBay
.
There are currently only three localizations of the service active in Hong Kong
, Taiwan
and Japan
; Yahoo! has already discontinued the service in United States, Canada, Singapore, United Kingdom and Ireland. The US and Canada sections of the site were closed on June 16, 2007. 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! took the unusual step of endorsing its main auctions rival, eBay, as their 'preferred' service.
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.
. 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.
. 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 is still running.
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. 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.
Yahoo!
Yahoo! Inc. is an American multinational internet corporation headquartered in Sunnyvale, California, United States. The company is perhaps best known for its web portal, search engine , Yahoo! Directory, Yahoo! Mail, Yahoo! News, Yahoo! Groups, Yahoo! Answers, advertising, online mapping ,...
in 1998 to compete against eBay
EBay
eBay Inc. is an American internet consumer-to-consumer corporation that manages eBay.com, an online auction and shopping website in which people and businesses buy and sell a broad variety of goods and services worldwide...
.
There are currently only three localizations of the service active in Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...
, Taiwan
Taiwan
Taiwan , also known, especially in the past, as Formosa , is the largest island of the same-named island group of East Asia in the western Pacific Ocean and located off the southeastern coast of mainland China. The island forms over 99% of the current territory of the Republic of China following...
and Japan
Japan
Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...
; Yahoo! has already discontinued the service in United States, Canada, Singapore, United Kingdom and Ireland. The US and Canada sections of the site were closed on June 16, 2007. The Singapore
Singapore
Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...
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! took the unusual step of endorsing its main auctions rival, eBay, as their 'preferred' service.
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.
SOLD.com.au
In April 2001, Yahoo! acquired SOLD.com.au, a major competitor to eBay in AustraliaAustralia
Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...
. 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.
Yahoo! Wallet
Yahoo! Wallet is a lesser-known competitor to PayPalPayPal
PayPal is an American-based global e-commerce business allowing payments and money transfers to be made through the Internet. Online money transfers serve as electronic alternatives to paying with traditional paper methods, such as checks and money orders....
. 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 is still running.
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. In order to use a credit card, your bank must have registered how your name is written out in katakana
Katakana
is a Japanese syllabary, one component of the Japanese writing system along with hiragana, kanji, and in some cases the Latin alphabet . The word katakana means "fragmentary kana", as the katakana scripts are derived from components of more complex kanji. Each kana represents one mora...
, which effectively blocks the use of all non-Japanese cards.