eBay acquiring Hunch for around USD 80 million

This is an acquisition deal that makes no financial sense. But stranger things have happened in the past.

eBay has announced that they are acquiring Hunch. Hunch is a recommendation engine that works well but has few real world uses.

eBay is likely to use their technologies to boost their own services and products.

eBay acquiring Hunch for around USD 80 million

The deal is worth around USD 80 million and it is not clear whether there were competing bids that resulted in such a high valuation.

The service was launched back in 2008. We have used it in the past and liked it. But it is something that you play around for a while and then never go back. eBay might find better uses for the technologies powering this platform.

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