BizSugar.com › Products and Services › Unconfirmed reports that Yahoo has sold Delicious for $5 Million+ [Updated]

We’ve received a solid report from a reliable and proven source that Yahoo has sold social bookmarking site Delicious for $5m+.The service was placed on the market in December after a meeting to discuss Yahoo’s future direction. After a heated bidding process, the site has reportedly been sold to a rival bookmarking service – who exactly we’re unsure of but we’ll update once we have confirmation. We do know its been sold to an existing competitor with “strong user base.”If the $5 million figure is true, it’s more than many believed the site to be worth but a hefty loss on Yahoo’s rumoured $18m purchase price in 2005 from founder Joshua Schachter.