Yahoo is trying to buy Imgur | Know more about Imgur

Insider reports of business that Yahoo begun think to buy Imgur. Imgur is the photo sharing site that grew up with the Reddit. We heard a simillar rumor from a source in the end of October that we were not be able to substantiate. At the time, the source said that the deal might be up to $200 million.

At first glance many question arise like what is Imgur? and my more like why Yahoo trying to buy Imgur. Imgur is an image hosting and sharing site, favoured by users of social media and social news sites including Reddit, Twitter and Digg. It host images for free in various formats including animated GIF file. User of this site can write comments and also use tools to create new images and then share those images imgur users and the wider internet.

Imgur become widely popular in a very short time, going from thousand of visitor a day to millions within five months and all credit goes to social news sites Redit and Digg.

The first content creation tools produced by the Imgur and that allowing the user to apply custom text with wide variety of images to poke fun. Imgur is profitable with money coming in form of advertising, donation, pro accounts and enterprise deals. The Imgur is not limited to desktop but also provide android and iPone application.
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