eBay looking to unload StumbleUpon?

eBay's tie-up with StumbleUpon may be about to tumble.

According to a report in TechCrunch, eBay has hired Deutsche Bank to handle a sale of its Web site discovery service StumbleUpon, which it acquired a little over a year ago for roughly $75 million.

StumbleUpon takes a gander at the Web sites that people have visited and makes recommendations about other sites and videos that they may like.

In the report, TechCrunch cites a source who says that eBay is hoping to use Deutsche Bank to land the "right buyer," though the asking price is unknown and uncertainty exists whether the online retailing giant will be able to get what it paid, or will have to run the proverbial blue light special.

According to the report:

In July, StumbleUpon had 1.3 million worldwide visitors and 25 million page views. Twelve months earlier, the service attracted 4.4 million visitors and 31 million page views (ComScore).

StumbleUpon currently has more than 6 million registered users.

[miscphd]

Getting rid of it is a good move. Unfortunately for feebay its not going to help their dire financial situation one bit. Had they not previously alienated their core user base, that put them on the map, perhaps they would have some wiggle room. It's going to continue to go down hill all because they signed their own death certificate.

I now sell at AlsoShop - www.alsoshop.com - along with a host of other free auction alternatives and have not looked back at the feebay beast ever since.

[jonathan0766]

I appreciate your sentiment toward eBay. I used to compete with them in auctions and hold no love for the appropriately named feebay. However. You're wrong about their financial condition - they're not even remotely suffering or in dire financial condition. Unless you define suffering as slowing growth, 25% net profit margins, $2 billion per year in profit, and $4 billion in cash in the bank with zero debt.