ICANN held two Last Resort Auctions today.
Ping.com the golf club manufacturer won the rights to operate .Ping by outbidding Radix at $1,501,000.
The .Ping auction went into the 4th round until Radix dropped out.
mySRL GmbH beat Google to the new gTLD .SLR which is a corporate designation used in Spain like .LLC is used in the USA and .GMBH is used in certain countries principally Germany, who won the auction for just $400,000.
This auction only went to the 2nd round of the auction which started at $400,00 meaning Google didn’t place a bid in the second round.
mySRL, GMBH is owned by InterNetX
This is bizarro world, the losers actually turned out to be the winners and vice versa.
Dot ping, come on now.
Not in the ICANN auction, the loser does not get the money ICANN does.
The loser gets no part of the winning bid