Ebay's Half.com Reported to Close August 2017

This week I noticed this post by an Amazon seller in one of the seller forums:

This letter is to inform you that Half.com will be closing on August 31, 2017, and you will not be able to sell on the platform following that date. Returns will continue to be processed until October 31, 2017.

I never found a reason to post books or DVDs there on that site... especially when they hiked fees last year.

The concept was simple. At one time the site delivered great deals to customers seeking good used merch.

But times change.

Here is the press release announcing Ebay buying half.com back in 2000:

SAN JOSE, Calif. (CBS.MW) - EBay said Tuesday it will buy Half.com for up to $374 million in stock, adding a fixed-price service to the online auctioneer’s business.

Santa Jose-based EBay (EBAY), the largest online auction site, said it will buy privately-held Half.com for between 4.6 million and 5.5 million shares, or $313 million to $374 million based on EBay’s closing stock prices Tuesday.

Shares of EBay rose 3/4 in after-hours trading Tuesday after the announcement, after closing EBay closed up 1 3/16, or 1.8 percent, at 68.

Analysts said they don’t expect the deal to have any immediate affect on EBay’s businesses.

“I think it is an interesting strategic deal,” said Gregory Konezny, senior analyst for U.S. Bancorp Piper Jaffray. “But it will not have a substantial impact for EBay in the foreseeable future.”

So they paid $374 million 16-17 years ago; and now it's closing. Done. Dead. Gone. Worthless?

So.... nobody thought they might sell the domain for something?

Yeah, maybe a fraction of what they paid. But it didn't have any value?

Today, Amazon is the undisputed leader in online selling.

I still post the stuff Amazon won't let me sell on their website -- music CDs, pre-owned DVDs, textbooks -- along with miscellaneous collectible items I find at yard sales and thrift stores and auctions, onto Ebay.

Ebay is also my go-to place to sell book lots.

But Half.com apparently will vanish from digital history.

RIP Half.com