EBay falls for StumbleUpon in US$75M deal

By

Two companies reported to be in negotiations.

EBay falls for StumbleUpon in US$75M deal
Auction website eBay is reported to be in talks to buy social networking recommendation site StumbleUpon for US$75 million.

Both companies have refused to comment on the speculation, but talks are thought to be nearing a critical stage.

A decision is expected within the next few weeks, according to reports on Reuters.

StumbleUpon uses recommendations from its 2.3 million users to match websites, videos and photos to a user's interests.

Users can cast their votes using a browser toolbar, giving sites the thumbs up or thumbs down.

"StumbleUpon learns what you like and makes better recommendations," the website claims.

EBay has made a number of high-profile acquisitions in its history, including the US$1.5 billion buyout of PayPal in July 2002 and the US$2.6 billion deal for Skype in September 2005.
Got a news tip for our journalists? Share it with us anonymously here.
Copyright ©v3.co.uk
Tags:

Most Read Articles

NSW government unveils new Office for AI

NSW government unveils new Office for AI

DuluxGroup taps SAP to drive sales in Bunnings stores

DuluxGroup taps SAP to drive sales in Bunnings stores

WA Health rolls out $104m digital medical record system

WA Health rolls out $104m digital medical record system

Gov offers another $475m compensation for Robodebt victims

Gov offers another $475m compensation for Robodebt victims

Log In

  |  Forgot your password?