Yahoo! Hong Kong quits online commerce space

Feb 13, 2020Updated May 14, 20251 min read

Yahoo! Hong Kong is to close its commercial operations, including Yahoo! Auctions, Yahoo! Store, and Yahoo! Group Buy.

The company posted a message in Chinese on its website yesterday, announcing the move.

Yahoo! Hong Kong said the decision reflected a “strategic directional change” and said new shopping experiences will come.

Citing “fierce competition”, the platform will suspend buying and selling features on March 24 and close on May 31. Until then, transaction history, past communications and other relevant data can be downloaded for users.

The peer-to-peer marketplace Yahoo! Auction has been running for more than 20 years, and was considered a pioneer of Hong Kong’s e-commerce scene by many. Throughout the decades, several Yahoo! Auctions marketplaces have been terminated around the world, but the concept found success in Hong Kong, Japan and Taiwan, until now. Only the latter two will continue to operate for now.

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Mei Ling Tan

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Mei Ling Tan is the Editor of Retail News Asia, where she leads the editorial team in delivering in-depth coverage of Asia’s dynamic retail landscape. With over a decade of experience in business journalism, Mei Ling is known for her sharp analysis, deep industry insights, and commitment to uncovering the stories behind Asia’s most innovative retail brands. Before joining Retail News Asia, Mei Ling held senior reporting roles at regional business publications, covering everything from consumer trends to digital transformation in retail. A graduate of the National University of Singapore with a degree in Communications and New Media, she combines journalistic integrity with a strong understanding of evolving market forces. Outside the newsroom, Mei Ling is a frequent speaker at industry panels and a mentor for young journalists.

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