Yahoo is looking to acquire CafeMom, a social network of sorts for moms, for $100 million, Kara Swisher at All Things D reports.
CafeMom thinks it's worth much more, like $200 million, according to Kara. She also says Disney is looking at buying CafeMom.
CafeMom said it was profitable on its Web site and sources said its revenues were about $25 to $30 million annually. It says it has 6.7 million unique visitors on its primary site, with 18.7 million on related sites. It serves up 100 million monthly pageviews.
This would be the second biggish recent purchase from Yahoo. It spent $100 million buying Associated Content earlier this year
Read more: http://www.businessinsider.com/yahoo-wants-to-buy-cafemom-for-100-million-2010-8#ixzz0yKkXHr5l
Answer by CafeMom Admin at 11:09 AM on Sep. 6, 2010
Answer by butterflyblue19 at 11:06 AM on Sep. 6, 2010
Answer by snivic at 11:32 AM on Sep. 6, 2010
Answer by Airforce3mom at 11:06 AM on Sep. 6, 2010
Answer by mommy_of_two388 at 11:10 AM on Sep. 6, 2010
Answer by mommy_of_two388 at 11:11 AM on Sep. 6, 2010
Answer by AM-BRAT at 11:14 AM on Sep. 6, 2010
Answer by surfcitymom at 11:35 AM on Sep. 6, 2010
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