Ebay Acquired Milo For $75 million
Milo's CEO, Jack Abraham must be a happy man today. He's just confirmed the news of acquisition of Milo by EBay for $75 million (#-Link-Snipped-#).
The company investors got a great deal. They had raised $5 million from venture capital firm 'True Venture'.
Milo's core business is listing of in-store products inventory for over 50k stores across the USA. Milo features over 3 million products on its website making it a perfect buy for company like eBay. This acquisition is important considering that Google too launched a similar product on mobiles and it's called blue dot.
Congratulations to Milo
The company investors got a great deal. They had raised $5 million from venture capital firm 'True Venture'.
Milo's core business is listing of in-store products inventory for over 50k stores across the USA. Milo features over 3 million products on its website making it a perfect buy for company like eBay. This acquisition is important considering that Google too launched a similar product on mobiles and it's called blue dot.
Congratulations to Milo
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