Friday June 29, 7:00 pm ET
Pete Barlas, Yahoo Finance
Sites that were virtually unknown a year ago are growing quickly as more consumers go online to share and develop photos. That's prompting bigger players such as News Corp. and Google to acquire promising startups.
Traffic to Wal-Mart Stores' Photo Center, which had little online presence a year ago, is up over 700% -- far and away the most growth of any online photo site. Meanwhile, rivals Slide.com and Google's Picasa Web Albums follow with year-over-year jumps of more than 500%, says market tracker comScore Media Metrix.
Online photo-sharing sites are benefiting from a confluence of factors, especially changing consumer habits, says Jonathan Weitz, principal of IBB Consulting.
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