Yahoo acquire Tumblr!
Yahoo has officially announced it acquisition of Tumblr. The Announcement was made by Marissa Mayer, CEO of Yahoo! Tumblr, which has built over 300 million monthly unique visitors and 120,000 signups, consisting of world’s amazing creators ranging from pin to plane covering art, culture, architecture, fashion, food and other interesting topics.
As per Yahoo Tumblr hosts over 105 million blogs and sees an average of 900 posts per second. The acquisition of Tumblr would help yahoo combinedly achieve over 50% of the monthly visitors of tumblr, thereby growing the traffic approximately by 20%. To know more about the acquisition visit yahoo.tumblr.com