China's former e -commerce leader, the original eBay Chinese version of the website Yixu.com announced its shutdown and ended 23 years of operation.
Shanghai Yingshi Information Technology Co., Ltd. issued an announcement on the official website of Yisu.com, saying that due to the company's adjustment of its operating strategy, it decided to stop the operation of Yisu network platform and close the Yico website.
The announcement stated that Yicu.com will close the transaction functions of all goods and shops before 24:00 on August 12, and at the same time close the user registration, login, recharge function of Yisu.com, and close the website server.
The announcement also reminds users that they log in to the account to return the online balance in time before this period to ensure legal interests, and open the customer service mailbox, and answer the issue of the balance of the account balance.
The information of the Yiqu website shows that Shao Yibo founded Yicu.com in 1999, becoming China's first C2C (Consumer-to-Consumer) website, and became China's largest e-commerce website in 2000.The world's largest e -commerce website, the United States EBAY in June 2003 was fully funded at the total price of US $ 180 million (about S $ 250 million)., Work independently.
The same year of the acquisition of EBAY, Taobao was established.According to data released by the China Internet Information Center, EBAY EBAY Yisun still occupied nearly 60%of the market in China in 2005, and by 2006, it fell to 29%. In the same year, Taobao had a market share of nearly 70%.