posted on February 28, 2001 10:04:07 PM new
Unless I missed it, I haven't seen anyone mention the most interesting Yahoo auction news I have seen this past week. According to London's Financial Times, Yahoo says the revenue they will realize from charging for auctions will only be about one-third of what they originally expected. The paper also says the listings have dropped to 200,000. Here is the link to the story.
http://biz.yahoo.com/rf/010225/l26158731_2.html
[ edited by InternetEdge on Feb 28, 2001 10:04 PM ]
posted on February 28, 2001 10:09:59 PM new
Yes, and then there's this one reporting on the brokerage firm analyst that didn't even know the extent of the decline.
Now he says that income from "Fee-based services, particularly for online auctions, are lower-than-expected".