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Report: Yahoo Close To Dealing Out Delicious

A single source tells Business Insider that Yahoo is about to sell bookmarking site Delicious for $1 million to $2 million. "Our source isn't sure what company is buying it, but says it's a 'strategic partner,' something like StumbleUpon." The recommendation recently raised $17 million, so, as Business Insider explains, "it could easily afford Delicious.

Late last year, Yahoo announced plans to "sunset" the bookmarking site, but it was later revealed that a sale was not out of the question. Earlier estimates pegged the site's worth at about $5 million. Either way, at these numbers, some have speculated that Yahoo is only engaged in sales discussions out of respect for Delicious and its remaining users.

"People are very loyal to the product, and Yahoo says it's the most widely used internal property at Yahoo," Business Insider writes. Meanwhile, an opportunistic Google recently debuted a tool to import Delicious users' bookmarks to Google Bookmarks. The simple importer takes users Delicious log-in credentials and imports all their bookmarks, while preserving their labels and tags.

Read the whole story at Business Insider »

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