- Huuto.net
Infobox Website
name = Huuto.net
caption =
url = http://www.huuto.net
commercial = Yes
type =Online auction
language = Finnish
registration = Required for bidding and selling
owner =Ilta-Sanomat
author = Lari Lohikoski
launch date = January1999
current status =
revenue =Huuto.net is a Finnish
online auction similar to the internationaleBay or the SwedishTradera . It was established in1999 and is currently owned byIlta-Sanomat Oy which belongs to theSanomaWSOY media group.The main differences between Huuto.net and eBay are:
* Huuto.net has no seller fees, listing items for sale is free of charge.
* Huuto.net uses conventional bidding andproxy bid ding.The name of the website is derived from (Finnish for "
auction ").On August 18, 2007, Huuto.net had more than 500,000 items on sale [waybackdate|site=http://huuto.net|date=20070818003452] .
History
Huuto.net was created in January 1999 by Lari Lohikoski in
Helsinki . It was a private service until the art auctionBukowskis bought it from Lohikoski in September 1999. Bukowski announced they would develop Huuto.net into an international auction of collectibles, but it was never done. Instead, they sold the website toSonera Plaza Oyj in May 2001. After the fusion of Sonera Plaza withSonera , which later fusioned withTelia to formTeliaSonera , Huuto.net followed along.TeliaSonera concentrated heavily on its telephone operator business and neglected many unrelated branches, Huuto.net being one of them. Thus, the website did not develop much in the ownership of TeliaSonera and its functionality suffered. In June 2005 TeliaSonera sold Huuto.net to
Ilta-Sanomat Oy and the website became the most popular Finnishclassified advertising service.ee also
*
online auction business model
*eBay
*Tradera References
External links
* [http://www.huuto.net Huuto.net]
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