Yahoo! Inc. (NASDAQ:YHOO) bought Kelkoo on March 26, 2004 for $579 million. Kelkoo is a France-based shopping price comparison engine. As Yahoo! begins to transition into a new phase, they will need some capital to get back onto their feet. Therefore Yahoo! has now sold Kelkoo to a private equity firm called Jamplant Ltd.
Although the selling price is not known, one of TechCrunch’s sources believes the price is less than $125 million. Pierre Chappaz, the former CEO of Kelkoo announced the sale on his blog.
Yahoo!’s stock price has gone south since Steve Ballmer stated that Microsoft is still no longer interested in acquiring the search engine company as a whole even though Jerry Yang stepped down from the CEO position.
As much as I have heard. The price was much higher than 125 mio but Yahoo! hasn´t announced the price yet. Considering what Microsoft paid for ciao and that Kelkoo is the biggest price comparison in Europe, 125 mio don´t seem right.
Company Name:Kelkoo International Trading Co.,Ltd.
Company Address:Room B1108,Beijing Business Complex Centre, No. 5588 xinyan Road,Beijing,
China
Zip/Postal Code:101100
Telephone:0086-010-88889999
Email:Kelkoo@188.com
Msn:Kelkoo@live.cn
Website:http://www.Kelkoo.hk
Kelkoo International Trading Co.,Ltd. is a professional trading company that exports large variety of ewelry, jade article, brand shoes, high heel shoes,handbags, wallets, purses, rolex watches, sunglasses, hoodies, hooded jackets, footwears, t-shirts, pants, jeans and handbags of all famous brands including Abercrombie & Fitch,Affliction,Antik Denim,Armani,Adidas,ATO Matsumoto,Bally,BottegaVeneta,Burberry,Bvlgari,Cartier,Cavalli,Celine,Chanel,Chloe,Christian Audigier,Christian Dior,Citizen of Humanity,Coach,Coogi,Dolce&Gabbana,Dsquared,D&G,Dunhill,Ed Hardy,Energie,Ermenegildo Zegna,Fendi,Ferragamo,Grail,G-star,Gucci,Hermes,Hollister,Hugo Boss,Juicy
couture,Ksubi,L.A.M.B.,Lacoste,Loewe,Louis Vuitton,Mont Blanc,Mulberry,Nike,Paul
Smith,Prada,Puma,Primp,Raf Simons,Ralph Lauren,Rock & Republic,RUEHL,Reebok,Smet,Supra,Taverniti So,Thomas Wylde,True
Religion,UGG,Versace,Vertu,ivienne Westwood,Von Dutch,Yves Saint Laurent etc. Holding the
principle of coequality, mutual benefit and co-development, we will offer the best qualified
products for our customers from all over the world with perfect services.