Wall Street Oasis - Investment Banking & Finance Community: Yahoo buys Tumblr

Wall Street Oasis - Investment Banking & Finance Community The Wall Street Finance Community where investment bankers, consultants, traders, private equity and hedge fund professionals come to learn and play.

Yahoo buys Tumblr May 21st 2013, 03:00 Any thoughts on this? $1.1bn seems like a lot, but maybe I just don't understand the value. Yahoo says its $1.1bn (£723m; 857m euros) purchase of blogging platform Tumblr will boost its revenue as soon as 2014. read more Media files: preview (image/png, 0 MB)

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