Sell-Off Rumor: eBay Hasn’t Fallen for StumbleUpon
ADOTAS – eBay is angling for bidders on recommendation engine StumbleUpon, according to a report in TechCrunch.
The auction site bought StumbleUpon last year for $75 million. eBay hired Deutsche Bank to find a buyer – but they may not be able sell it for close to what they paid for it. While registered users have continued to go up (by 20% in the past five months), visitors and page views have plummeted in the past year (in July, StumbleUpon had 1.3 million visitors and 25 million page views, compared to 4.4 million visitors and 31 million page views 12 months earlier), TechCrunch reports.
Reader Comments.
If it moves down Deutsche Bank, you’re not going to go overboard thinking you need to get rid of it. The auction site depends on it. If you don’t know what they are look up recommendation engine StumbleUpon.
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