Digital River announced that it was planning on repurchasing $127 million worth of its common stock, to be completed by the end of Q2 2008. Furthermore, it announced that it will now be handing all of Skype's e-commerce needs.
Digital River lowered its 2008 outlook amidst fears of weak retail industry earnings, despite announcing strong earnings for Q4 2007. Furthermore, it announced that it was going to begin investing profits to update its e-commerce platform.