Two more European business-to-consumer sites dropped off the radar yesterday as electrical goods retailer Intersaver and online gaming business Barrysworld.com closed their doors to business.
UK-based Intersaver, launched just over a year ago, is currently appointing receivers and its website has been taken down. It initially ran into distribution problems just before Christmas and has failed to secure further financing. No one from Intersaver was available for comment.
Barrysworld, which styled itself as 'the power behind online gaming', posted an announcement on its site saying it has gone into voluntary liquidation and will cease all operations from 5 February.
The statement says: "Basically, we have run out of money and, with the current state of the market, have been unable to secure sufficient alternative funding/revenue."
It adds a warning to other online gaming communities: "Someday online gaming will be financially feasible, but that will entail the consumer paying directly for the services he or she receives."