Yahoo Confirms Drop In Auctions

from the not-a-good-sign dept

Yahoo! has confirmed earlier rumors that the number of auctions on their site has dropped substantially since they introduced small fees. However, they’re saying that the quality has gone up. The number of bids has gone up 4 times, and the likelihood of an item being sold has gone up 5 times. I guess that suggests they’re getting more quality items. Or, it could just mean that in percentage terms the percentage of items sold has gone up, simply because there are so few items listed.

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