Yahoo is reportedly sending invitation to bid for the Flickr photo-sharing service that they already own. Yahoo has sent a letter to partners and ask them to apply in the next 2 weeks for Yahoo's shareholders.

Compared with other products of Yahoo, Flickr online photo sharing service is probably the best remaining life as of the moment. However with the current situation of the firm, perhaps Flickr is about to have a new owner. Yahoo is reportedly in the process of inviting potential partners to buy back service.

The information was published by The Wall Street Journal. According to reports, Yahoo has sent a letter to partners and ask them to apply in the next 2 weeks for Yahoo's shareholders.

About 40 businesses are keen to buy Flickr, which has the big companies such as Verizon, TIME, Microsoft, IAC / InterActiveCorp, time limit for them to pay the price lasts from now to about 11/4.

According to WSJ, the fixed period for which Yahoo is 11/4 so, a time when the fate of Flickr is determined to fall in mid-June - when the annual shareholders' meeting took place.

It is not clear the price that partners fix for Flickr bid, but it certainly will be many times higher than the 25 million that Yahoo must be spent to buy it 11 years ago, in 2005.

Currently, Flickr is still regarded as one of the best hosting service online photo world despite discomfort from frequent faulty service, limited ability to upload if not paid. Maybe a company will need enough to buy back and develop this service if they want to compete with Google Photos that is are thriving today.

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