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Yahoo to enter social media, to buy Tumblr for billion dollar

Dailybhaskar.com | Last Modified - May 18, 2013, 03:32 PM IST

Acquisition will give boost to dwindling Yahoo by adding over 15 billion page views.
  • Yahoo to enter social media, to buy Tumblr for billion dollar
    Yahoo to enter social media, to buy Tumblr for billion dollar
    New York: Yahoo is planning to buy Tumblr for a billion dollars, which would mark its entry into the esteemed social media circuit.
    Talks are going on between the owners of the two companies to finalise the details of the purchase, according to news reports.
    The acquisition will give an immense boost to a dwindling Yahoo by adding over 15 billion page views a month to its stockpile.
    Tumblr is expected to provide much needed advertisers to an ailing Yahoo's marketing department.
    The purchase is expected to be the biggest after Facebook purchased Instagram USD 715 billion, last year.
    Tumble has become immensely popular in the last few years.
    An official announcement on the news is still awaited.
(World Gujarati News) સાથે જોડાયેલા અન્ય અપડેટ જાણવા માટે અમને Facebook અને Twitter પર ફોલો કરો. વાંચતા રહો 76 લાખ+ વાચકોની મનપસંદ અને વિશ્વની નં.1 Gujarati News વેબસાઇટ divyabhaskar.co.in, જાણો સમાચારોથી વધુ. દરેક ક્ષણ અપડેટ રહેવા માટે ડાઉનલોડ કરો Gujarati News App & Divya Bhaskar epaper App.
Web Title: Yahoo to enter social media, to buy Tumblr for billion dollar
(Read News in Gujarati from Divya Bhaskar)

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