Nobody should be surprised, it's a sound business decision.
Value comes from influence and on rthat front Alexa.com had very little. What little it had came from webmasters, a notoriously stingy bunch.
It was like an airline where the transportation side of business loses money but they keep doing it because the influence of their rewards programs are cash cows, literally. Even the biggest airlines will tell you that the valuation of the airline side of things is half, or less, the value of their rewards programs which are all subsidiaries of the main business. The rewards programs make twice as much money with influence as the airlines do. - [
youtube.com...]
Alexa.com became irrelevant as a website and never found a way to leverage the users it did get. The metrics apply to us all.
All websites are essentially worthless unless they can get people to seperate themselves from the dollars in their wallets, or from other things of value, like a vote or relationship. Information is often just a loss leader, as it was in this case.