Yahoo! considers possible sale of Kelkoo

Posted At : 03 October 2007 11:46 | Posted By : Nicola Hutcheon
Related Categories: Media owners, United States, Japan, Internet

Yahoo! announced yesterday that it was considering future options for Kelkoo, which it acquired more than three years ago. The online shopping comparison site has not performed as expected, and it may be put up for sale.

Speaking to the FT, Yahoo! said:

One of the priorities we have identified is to improve the performance of Kelkoo. Today we are starting a process to give Kelkoo more independence - while we evaluate strategic options for the long-term future of the business.

In a seperate development, Yahoo! Japan said it plans to launch an internet portal for TV sets that can handle high-definition programming.

Comments (0) | Print | Send | del.icio.us | Linking Blogs | 1008 Views
Comments

There are no comments for this entry.

[Add Comment]
BlogCFC was created by Raymond Camden. This blog is running version 5.5.003.