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May 9, 2007

Yahoo Auctions to Bid Adieu

June 16th will see the closing of Yahoo Auctions in the US and Canada, according to the Yahoo website.

The services will continue to be offered in the Asian market, the site reported.

Since Yahoo China was sold to Alibaba last year, and Yahoo holds a 40% share in Alibaba itself, the Asian market seems to be a region Yahoo has shown a desire to expand in, rather than cut back.

Posted by Frank Watson on May 9, 2007 12:49 PM

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