Ebay acquires StumbleUpon for $75M
updated
Auction giant eBay has acquired StumbleUpon, an San Francisco company that helps people “stumble upon” and share new sites related to their interests, for about $75 million.
In a statement this afternoon, eBay said the acquisition will give it “exposure to a fast-growing community-based service” that has around 2.3 million users, and that StumbleUpon is attractive because it shares similarities with eBay’s concept of community.
The deal size is not large relative to other deals we’ve… Continue Reading