Afternic.com just posted its reportable domain names sales for the week ending Sunday September 18th, totally around $570,000 The highest sale was Sosg.com for $15,000 and Toushay.com for $11K. I assume that domain has some relation to the French word touché .com Sales … [Read more...]
Archives for September 2011
Sedo.com Sells Over $900K In Domain Names Led By Xueqiu.com For $100K & Business.Me Which Sold For $56K
Sedo just posted its sales for the week and sold over $900K in reportable sales led by xueqiu.com which sold for $100K and Business.Me which sold for 40,000 Euro's or about $56,000. In all Sedo reports they sold 954 sales through their marketplace, totaling $1.79 million. No I have no idea of what Xue Qui is or means maybe one of our readers can help us out. … [Read more...]
US Justice Department Alleges That FullTiltPoker Was A Ponzi Scheme
According to WSJ.com, the Justice Department amended the charges already filed against Full Tilt Poker and some of the executives, alleging that Full Tilt Poker was a "Ponzi scheme that allowed the company to pay out $444 million to themselves and other owners, which included other famous poker players." "The government alleges Full Tilt executives misrepresented to the website's players that … [Read more...]
BusinessWeek/Bloomberg Interview’s Jeremiah Johnston Of Sedo Called: The Domain Name Business
Businessweek/Bloomberg published an interview with the Chief Operating Officer of Sedo.com Jeremiah Johnston entitled simply: "The Domain Name Business" Here are some of the highlights: Is the buying and selling of Web site domain names a viable business? The days of the Internet pioneers who grabbed one-word, fantastic domains are largely over. The buying and selling of domain names … [Read more...]
With 5 Hours To Go Domainfest/Snapnames Auction Has $235,000 In Bids
The Domainfest auction running on SnapNames.com ends today at 3:15PM EST in according with its normal closing rules. With about 5 hours to go as of time of publication there was $235,000 in bids however many of the bids are still below reserve. We will be closing our poll on the right hand side of the blog, later this afternoon or as soon as one the $100K + domains reach reserve. So far … [Read more...]
iMedia: “Why Your Brand Should Invest In A Category Defining Domain Name”
An article appearing in imediaconnection.com yesterday pointed out what most of us know, but many large corporations do not, the importance of having a Category Defining or category killer domain name. The article recounts Amazon's purchase of Quidsi Inc. for $500 million which owned the category killers of and Soap.com, and Diapers.com and goes on to state: "The ability to rank well in … [Read more...]
Offers.com Acquires CouponCodes.com For A “Huge Amount of Money” & Launches Today
About 2 1/2 years ago we wrote about Offers.com which at that time had just launched by a domainer in the coupon/Deals space, after buying the domain for $180,000. Fast forward and today the company behind Offers.com have acquired the domain name CouponCodes.com which launched just today. I spoke to the Steve Schaffer CEO of Vertive, Inc, late yesterday afternoon. The purchase price for … [Read more...]