We’ve received a solid report from a reliable and proven source that Yahoo has sold social bookmarking site Delicious for $5m+.

The service was placed on the market in December after a meeting to discuss Yahoo’s future direction. After a heated bidding process, the site has reportedly been sold to a rival bookmarking service – who exactly we’re unsure of but we’ll update once we have confirmation. We do know its been sold to an existing competitor with “strong user base.”

If the $5 million figure is true, it’s more than many believed the site to be worth but a hefty loss on Yahoo’s rumoured $18m purchase price in 2005 from founder Joshua Schachter.

We’ve contacted Yahoo and current Delicious developers for confirmation and will update once we’ve heard back. In the mean time, while we dig further, check out these Delicious alternatives.

Update: We’ve gotten a reply from Yahoo which, sadly, is not much of a reply.

Hello-

We don’t comment on rumor or speculation.

As we have said in the past, we are actively thinking about the future of Delicious and believe there is a home outside the company that would make more sense for the service, our users and our shareholders.

There is, of course, the adage that a non-denial is as good as a confirmation but that’s not a jump that we’re willing to take, just yet.

startuprally2 Unconfirmed reports that Yahoo has sold Delicious for $5 Million+ [Updated]