eBay's StumbleUpon Acquisition: Confirmed at $75 Million
Although you can imagine “StumbleUpon Shopping” coming soon, eBay is leaving the company alone and taking a wait-and-see approach. The corporation will remain completely intact, except for the addition of eBay’s Michael Buhr, who will serve as general manager for the product.
Throughout 2007, StumbleUpon has seen tremendous growth. They currently have over 2.3 million registered users, serve 5 million daily recommendations, and are experiencing a 150% year over year growth rate. Here’s a quick look at their latest stats from comScore:
More crunch: click here for the StumbleUpon fact sheet.