OohiLove.com officially closed this morning.
The following message is displayed on their homepage:
It is with regret that we announce oohilove.com, an Entertainment Shopping Inc. company, is closing its doors.
We would like to thank you for your support.
So now we can only wonder why both Swoopo & Oohilove have decided to shut down. Could it have been because of the recent lawsuit? We’re not too sure, but if the legal actions succeed we think it just may be the end of the penny auction industry as we know it. If only the sites that have been confirmed to have shill bid and not shipped were prosecuted.
Oohilove was the largest, most popular penny auction for designer luxury goods.
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