Topic
Topic author: Jacques M.
Posted on: 20150825072727
Hello!
It seems that the site was closed the 20th of august...
Definitely??
Has anybody an explanation?
Jacques.
Reply author: Vlad
Replied on: 20150825083807
Hi Jacques!
Molotok is owned by a South African holding company Naspers and is also a part of Allegro Group (Naspers holdings). The site has not been as profitable as owner had wanted it to be and basically profits were just enough to pay off the loans that Naspers had gotten to fund the project to start with. They've finally decided to close the shop. Naspers also owns Avito which is more profitable so they have moved their interest into that site since that site had increased revenue by 80% in 2014.
Cheers,
Vlad.
Reply author: Jacques M.
Replied on: 20150825113433
Thanks, Vlad.
Funny demonstration!
But it's only a question of $$, once more...
Jacques.
Reply author: Svetopisez
Replied on: 20150825152041
The copy of Molotok with the same items and the same sellers is already exists - newauction.ru
Reply author: Jacques M.
Replied on: 20150825160615
Ah, thanks, Dmitry.
Not that it is easy to buy on this site from France.
Just to see.
Jacques.
Reply author: Vlad
Replied on: 20150825162124
Wow, thank you for that link Dmitry, they completely copied it! [:)]
Cheers,
Vlad.
Reply author: AlexanderK
Replied on: 20150829040230
Thank you, Dmitry.
I hope that it will grow with time...
One more interesting auction site from Belarus: ay.by
Regards, Alexander
Reply author: Jacques M.
Replied on: 20150901111234
Thanks for this site I didn't know, Alexander.