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October 11, 2012 11:09 pm GMT

Mobile Marketplace EggDrop Shuts Down Following Craigslist C&D, But Says Slow Growth To Blame

EggDropEggDrop, a mobile marketplace application with over half a million downloads, is shutting down. The company will inform its current user base via email on Friday. According to CEO Dan Zheng, EggDrop was therecipientof a Cease & Desist letter from Craigslist a few months ago, but that's not the primary factor in his decision to close up shop - instead, it was slower than expected growth that is to blame.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/erlmalBqJk0/

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