Ebay buys StumbleUpon for $75 million

02:26 - Thursday 31 May 2007 by THG Reporting Team
Source: Tom's Hardware – Keywords: ebay, buys, stumbleupon, for, 75, million Category : Miscellaneous

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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