Friday, 24 March, 2023
Yahoo Gets 25% Stake In Taboola As Part Of A 30-Year Exclusive Partnership Agreement
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<p>Taboola CEO Adam Singolda announced on Monday that Yahoo has bought a 25% investment in the company as part of a 30-year exclusive advertisement contract to help "millions of advertisers" who would struggle to be "effective" advertising on social networks in the coming years. The big transaction comes at a difficult moment for digital advertising. Taboola's stock, in an instance, has dropped by more than 75% in the last year. </p>
Read full story at Axios
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