Yahoo Buys Kelkoo Comparison Shop Engine For $575 Million

Yahoo has agreed to buy European online comparison shopping service Kelkoo for about 475 million euros ($574.8 million) in cash to expand its Internet services for marketers and consumers…

WSJ.com: Kelkoo is the largest e-commerce service originating in Europe, with operations in nine countries. Kelkoo and Yahoo said they expect to take advantage of the rapid potential growth of online shopping and lead generation in Europe, by combining Kelkoo’s online shopping expertise and product-search technology with Yahoo’s network and its Web search technology, as well as by capitalizing on Overture’s commercial search capabilities.

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