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Ebay buys StumbleUpon for $75 million

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Business and Law
By Wolfgang Gruener   
Wednesday, May 30, 2007 16:45

Ebay today said that it has acquired StumbleUpon, a website on which users post URLs to new websites they have discovered, for an “aggregate transaction value of approximately $75 million.” StumbleUpon claims to have abut 2.3 million users on its site.

According to a press release, the website has grown about 150% year-over-year and and delivers approximately five million new recommendations per day to its community.

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May 30, 2007 22:32     
May 31, 2007 09:27     
May 31, 2007 11:36     

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