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afkinsider - 5 days ago

Yahoo Bought Tumblr For $1.1 Billion In 2013. The Owner Of WordPress Just Paid $3M

Tumblr, a once-booming-though-unprofitable online startup, has been bought by the owner of its former rival, WordPress, for a tiny fraction of its $1.1 billion sales price of six years ago. A free microblogging and social networking website, Tumblr hosts 450 million blogs where users can upload photos, music and art in short-form. Users can follow [ ] The post Yahoo Bought Tumblr For $1.1 Billion In 2013. The Owner Of WordPress Just Paid $3M appeared first on Moguldom.


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