Citing “a solid report from a reliable and proven source,” The Next Web says the service has been sold to a close competitor also in the social bookmarking space.
Yahoo inadvertently announced its plans to “sunset” Delicious when a slide from an internal meeting leaked to the web in December. Since then, many tech companies, including Google, have rolled out bookmark-importing tools specifically for Delicious users.
At this point, so many startups have been able to siphon off so many Delicious users that many have wondered whether Yahoo would even be able to sell the flailing web property, which was never really monetized in the first place, according to Delicious’s founder.
Yahoo acquired Delicious in 2005 for a reported $18 million. If both the $18 million and $5 million figures are accurate, the entire history of the service under Yahoo has been wildly unprofitable.
However, given the aforementioned leak of confidential information and pursuant hemorrhaging of users, we can’t say that $5 million is an unfair price.
We’ve reached out to Yahoo for comment and will update our readers as more details become available.
More About: delicious, report, rumor, sale, Yahoo
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