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Verizon is selling Tumblr to the owner of WordPress, and it sounds like the sale price is about 2% of the $1 billion Tumblr was once worth

Verizon is selling Tumblr to the owner of WordPress, and it sounds like the sale price is about 2% of the $1 billion Tumblr was once worth

The price of the deal was not disclosed, suggesting a big reduction from the $1.1 billion that Tumblr fetched the last time it was acquired.

The price of the deal was not disclosed, suggesting a big reduction from the $1.1 billion that Tumblr fetched the last time it was acquired.
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