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updated 02:43, Thu October 04, 2007

Yahoo mulls options for shopping site Kelkoo

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Wed Oct 3, 9:10 AM ET

NEW YORK (Reuters) - Yahoo Inc is mulling its options for Kelkoo, its online shopping comparison site.

Yahoo declined to comment on a report in the Financial Times that it was considering a possible sale of Kelkoo.

However, in a statement, Yahoo spokesman Brian Mast said: "One of the priorities we have identified is improving the performance of Kelkoo -- our online shopping business. We are currently identifying the right leadership and team structure to achieve our business goals with that organization."

Yahoo paid 475 million euros ($674 million) in cash for Paris-based Kelkoo in 2004.

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