TechCrunch: eBay considering selling off StumbleUpon
September 19th, 2008 Leave a comment Visited 160 times, 1 so far today
TechCrunch: eBay considering selling off StumbleUpon
Popular technology blog TechCrunch has stated that as per their sources eBay is considering plans to sell off their StumbleUpon unit.
Incidentally, eBay had acquired this company just around a year ago for $75 million.
The report said that eBay has hired the services of Deutsche Bank to find a buyer for StumbleUpon.
It is unlikely that eBay is going to get what they paid for this company if they manage to sell it now.
StumbleUpon is very popular and has a great user base but the service is not really going to generate much profit for any company unlike they can think of something extraordinary.
Checkout: That Was Fun, But Now Ebay’s Selling Off StumbleUpon
Deutsche Bank, eBay, Market Rumors, Networks, Rumors, StumbleUpon, TechCrunch
Ankur Singh
Category: News| TechWhack on Facebook |
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