Yahoo said yesterday that it is weighing "strategic options" for its online shopping comparison site Kelkoo that is based in Paris.
"One of the priorities we have identified is to improve the performance of Kelkoo," Yahoo told the Financial Times. "Today we are starting a process to give Kelkoo more independence - while we evaluate strategic options for the long-term future of the business."
Yahoo has never released revenue figures for Kelkoo since it purchased the company in 2004 for about $575 million. Kelhoo has faced strong competition in Europe from both Google and Microsoft.
Read more: webpronews.com
