Saturday, August 16, 2008

Our Online Mall's Doors Closed

The National Business Review reported yesterday (the story is not online) that the Online Mall belonging to the Dunedin company, The Street, has it's doors closed. You can see this here , with a "Re-opening Soon" sign.
The Dunedin City Council has a controversial investment of $700,000 in The Street.
The online mall used avatars to walk through the virtual shops. It may have been clever technology but it did not seem practical for real shopping.
It is going to very embarrassing for the Council if money is lost on this venture.
By the way, why is that the NBR often has insights into Dunedin affairs that are not found in the ODT?

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