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Updated
Sep 24, 2008
New auction sites on the 'net'
By Tan Wei Zhen
A NUMBER of auction sites set up by Singaporeans has hit the Internet in the last few months.

Ever since word got out earlier this year that Yahoo! was shutting down its highly popular Auctions Singapore site, more than 10 such portals have been set up by locals.

The action by Singaporeans follows a worldwide trend of users turning away from global giant eBay and setting up their own niche sites.

Many of those who set up the new sites say they were turned off by what they called eBay's 'high fees'.

Others say setting up their own sites allowed them to customise features such as having different niche categories, messaging systems and forums.

Read the full story in Thursday's edition of The Straits Times.

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