Yahoo Flies Out Of The Bargain Travel Space

Yahoo announced today that it will be exiting the bargain travel space by closing FareChase, a company it originally acquired back in July 2004 and re-launched two years later. At the end of the day, users will start being redirected to Yahoo’s main travel page.
The service was similar to other comparisson travel sites, letting customers view competitive rates from all the major OTA’s. While preparing to close the site down, Yahoo renewed its partnership with Travelocity in late February 2009, ensuring that they would still be the primary booking engine for Yahoo Travel.
Other operations that have been shut down by Yahoo in the past 12 months include: Shopping engine Kelkoo, online storage service Briefcase, photo sharing service Yahoo Photos, social network Mash, live video streaming service Yahoo Live, Ads in RSS, web-based video editing service JumpCut and student community website / job board KickStart (Robin Wauters/TechCrunch)