Hotmail was sold to Microsoft in December 1997 for a reported $400 million (~$636 million in 2021), and it joined the MSN group of services. The sale had been preceded by a major incident in 1997 where all email was lost for 25% of mailboxes. *****-ĬhrisPC VideoTube Downloader Pro Multilingual (41.Hotmail quickly gained in popularity as it was localized for different markets around the globe, and became the world's largest webmail service with more than 30 million active members reported by February 1999.
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