eBay Inc. Acquires StumbleUpon
California, (rushprnews) May 31, 2007 -In a statement released by ebay.com, Bill CobbÂ President, eBay North America announced today that ebay acquired StumbleUpon (www.StumbleUpon.com).
“Hi everyone…Bill Cobb here, President of eBay North America. We at eBay Inc. are always exploring opportunities in new technologies and businesses –especially ones that pioneer new communities and instill trust.Â Â I’m really happy to share the news with you that eBay Inc. has just acquired StumbleUpon (www.StumbleUpon.com). StumbleUpon offers a unique finding experience that introduces people to interesting and relevant web content that has been recommended by others in the community with similar interests. StumbleUpon is a great way to explore the Internet when you’re not sure what you are looking for, or when you want to make discoveries around your particular interests.Our intent is to support the growth and evolution of this community-based business, and StumbleUpon will run as a separate business unit within eBay Inc. Although there are no definite plans to share at this time, as the site evolves, we’ll be exploring the possibilities for synergies between StumbleUpon and eBay marketplaces, Skype, and PayPal. We’ll be sure to keep you posted.”