EBay takes $46 million loss on sale of StumbleUpon
01 May 2009
EBay has apparently taken a big loss on its recent sale of StumbleUpon. The company bought StumbleUpon less than two years ago in May 2007 for $75 million. But the sale price was only $29 million.
StumbleUpon wasn’t generating enough money to justify EBay’s k