Ebay “in Advanced Talks” for StumbleUpon
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Written By Kate Zimmermann | May 9, 2007 | Share This
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The Wall Street Journal reports that eBay is “in advanced talks” to acquire StumbleUpon for as much as $75 million. The website recommendation service had, as of April, 2.1 million users and 4+ million sites “stumbled” daily (via Techcrunch).
In light of eBay’s other recent acquisitions, Skype and Paypal, the roll of StumbleUpon within eBay’s core business is a little unclear. Om Malik suggests that the StumbleUpon toolbar could be reconfigured as a Skype client that would give eBay an “end run around Google’s dominance of the search business.”
According to the Wall Street Journal, StumbleUpon and eBay have been talking since November. Techcrunch was the first to report word of a potential acquisition back in April. Since then, however, both eBay CEO Meg Whitman and StumbleUpon founder Garrett Camp have dismissed the blog buzz as “just rumors.”
Topics: ECommerce, Investment, M&A, Social Media, Technology |
“Just rumors” eh? I hope so. StumbleUpon is great just the way it is. But then again, better eBay than a major search engine.