Yahoo wants to buy blogging platform, Tumblr for $1.1 billion in cash

Friday, 17 May 20130 comments

From what I read, Yahoo is looking to acquire blogging platform, Tumblr for $1.1 billion in cash. The reports suggested that Tumblr is impress.. But, I personally, believe Tumblr is not impress at all . I say this because, Tumblr is fast growing, in order words it receives around 120-170 million visitors monthly and also has ''important'' demographics which Yahoo doesn't.

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