Yahoo sells Kelkoo, price tag under 100 million euro

In 2004, Kelkoo was around 500 million worth. Today, Yahoo announced it sold the price comparison company with under 100 million euro. TechCrunch doesn’t know who is this UK-based company that bought the service. It doesn’t matter, I’m still puzzled by the transaction – under 100 million euro!

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4 comentarii la Yahoo sells Kelkoo, price tag under 100 million euro

  1. Phil Wilkinson 21/11/2008 at 17:15 #

    Kelkoo has been losing profit margin due to declining SEO and inhibited by Yahoo – it’s best for both parties to separate.

  2. George Hari 21/11/2008 at 20:07 #

    So, is this a sort of a marketing cannibalization?

  3. Max 22/11/2008 at 19:31 #

    Sorry but where did you actually get this information from. I know people who work for Kelkoo and the price even wasn´t internally communicated.
    Yahoo even hasn´t officially made a press release…?

  4. George Hari 22/11/2008 at 21:43 #

    Max, it’s from Techcrunch and from tens of websites updated today.

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