Imgur sold to MediaLab

Imgur sold to MediaLab
Popular image sharing site, Imgur, has been sold to MediaLab.

Imgur, established back in 2009, announced on 27th of September, 2021 that it has been sold to American holding company MediaLab. MediaLab is a Los Angeles-based company that has recently acquired several online brands, most of which have been slightly in decline in terms of their popularity.



Imgur has been known to host viral images and memes and has been particularly popular among Reddit users for years, until Reddit introduced its own image hosting service back in 2016.

Site has been among the most popular online destinations in the world: according to Alexa, it was 112th most popular site in the world as of end of September, 2021.

MediaLab's other acquisitions in recent years include messaging service Kik, anonymous messaging service Whisper and song lyrics database Genius.

According to the official statement by Imgur, MediaLab is committed to fund Imgur's upcoming new services and features.

Written by: Petteri Pyyny @ 28 Sep 2021 4:10
Tags
acquisitions Imgur
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