Aussie auction site sold to Yahoo!

Summary:Yahoo! Australia and New Zealand has confirmed the takeover of auctionportal, SOLD.

Yahoo! Australia and New Zealand has confirmed the takeover of auction portal, SOLD.com.au, ending widespread industry speculation. The sale will give the site a global platform through Yahoo!, serving up a fight to the market leader eBay.

Full story-- ZDNet Australia.

Topics: New Zealand

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