Friday, November 17, 2017

Mashable Selling To Ziff Davis For $50 Million?

Who knew Ziff Davis even had $50 to spend let alone $50 million?

Tech site Mashable is being sold to publishing giant Ziff Davis, according to a new report from The Wall Street Journal. The website, which focuses on tech and tech-related stories and has been publishing since 2005, will sell to Ziff Davis for around $50 million according to the report, which is far less than its valuation of $250 million, from a funding round it raised in March last year.