Trending now from various blogs and readers is the full shutdown of Multiply effective 31 May 2013, following a series of shutdown of its service operations in 2013,
Multiply merchants mostly located in South East Asian countries should have received an email that the site will be online till 6 of May and will discontinue operations on 31 May. Other merchants are yet to confirm.
Reports say that Multiply’s country managers in the Philippines and Indonesia have been contacted and updates will be posted once confirmed. Below is the letter sent out to merchants today:
Dear Multiply Merchant,
We regret to inform you that Multiply will be closing the marketplace on May 6, 2013 and discontinuing all business operations by May 31, 2013.
Multiply will maintain normal site operations through May 6th and will wind things down through to the end of the month. We will use the rest of May to make sure that all accounts are settled and that you receive all funds you earned on the platform. We hope this provides you time needed to identify and migrate to alternative ecommerce platforms, settle all payments on items bought and delivered, and try to minimize disruption to your business.
In order to ensure that all your earnings are disbursed to you in full prior to May 31, we will cut off buying activity on May 6, 2013. This will ensure that all orders have sufficient time to be completed and delivered to your customers before the end of the month.
If you have a Trust Badge, please contact our customer support team and we will ensure that you receive a pro-rated refund for the remaining time on your subscription.
If my team can be of any assistance to you during this transition, we will do our best to help.