QXL closes doors after 11 years
By Stuart Turton
Posted on 6 May 2008 at 17:39
QXL, one of the UK's first online auction sites, is closing its doors in the UK after 11 years of trading.
The auction site will continue taking bids up until 19 May, and cease trading on 30 May, at which time all accounts will be closed.
QXL was many people's first introduction to online auctions, but suffered badly at the hands of Ebay in later years. The company behind it, now named Tradus, has also had an up and down history, losing 99% of its stock value in the dotcom boom before recovering to be taken over by South African media company Naspers, which brought a shift in direction - with a focus on Eastern European markets.
At the time of closing, the company described the UK site as one of its smallest businesses and admitted it "hadn't put much money or investment into the site for the last two years."
The company refused to confirm how many employees would be affected, though it says they've been offered alternative jobs.
- Flickr redesign: is it enough to tempt photographers back?
- Hands on with the new Google Maps
- Nokia Lumia 925 review: first look
- Why I won't subscribe to Creative Cloud
- GoPro camera strapped to a remote-control helicopter: the ultimate boy's toy
- Acer Iconia A1 review: first look
- Acer Aspire P3 review: first look
- Acer Aspire R7 review: first look
- How we produce the PC Pro podcast
- Google Now draining iPhone battery
- The ICO's shame-faced u-turn on cookies
- Start8 and ModernMix: making Windows 8 work on a desktop
- How to boost your mobile reception
- How to fix Facebook: Social Fixer
- Taking the stress out of WordPress updates
- Where to download free web fonts
- Turn your tablet into a Sky+ remote control
- How to measure the success of a new IT system
- Three years on: the state of the tablet market
- Windows 8: what works and what doesn't