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AskMe.com closed in 2016, laid off 4,000 people, domain closes today at $95,000 on NameJet

February 27, 2020 by Raymond Hackney

AskMe.com

AskMe.com closed at $95,000 on NameJet on Wednesday. The domain was owned by Getit Infoservices Private Ltd. A company with an interesting backstory.

The company based out of India closed up and laid off 4,000 people.

LiveMint.com wrote: AskMe.com logs off operations, 4,000 employees lose their jobs.

AskMe accuses its investor, Astro Entertainment Networks Ltd that owns 99% stake in the group, of not making payments

BusinessToday.in wrote: Six real reasons behind AskMe shutting down –

On August 19, e-commerce company AskMe decided to shut shop which left about 4,000 of its employees  jobless. A variety of reasons, from weak technology to aggressive acquisitions, are responsible for the online retailer’s failure.

History

Getit Infoservices Private Ltd., formerly known as Getit Infomediary Ltd. /M&N Publications Ltd., introduced http://www.yellowpages.co.in in India under the brand name Getit Yellow Pages.

  • In 2002, Getit introduced segmented yellow pages for Business-to-business Industrial users and B2C residential/official consumers.[3]
  • In 2012, Getit launched its Wireless Application Protocol(WAP) search for mobiles on m.getit.in.[4]
  • In 2013 Astro’s Getit buys Infomedia yellow pages & Askme[5]
  • AskMe
  • AskMeBazaar
  • AskMeFurniture (Mebelkart.com)
  • AskMeGrocery
  • AskmePay
  • Askme.com acquires online grocery market place Bestatlowest.com.[6]

2017 Now it’s closed

AskMe.com back in 2016 had an Alexa ranking of 577 according to Wikipedia.

Majestic.com shows a Trust flow of 15 and Citation flow of 20.

ask.me20,000 USD2008-11-11T.R.A.F.F.I.C.

Filed Under: Domain Auctions, NameJet

About Raymond Hackney

Raymond is a writer, domain trader and consultant based in Pennsylvania. Raymond is the founder of 3Character.com and TLDInvestors.com.

« Sedo weekly sales led by BettingTips.com
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Comments

  1. Ravi says

    February 27, 2020 at 6:10 am

    never heard about it…and never used any of the mentioned sites…

    I think they tried to get on e-commerce boom of India…we still have that going on…

  2. JZ says

    February 27, 2020 at 9:52 am

    Insanity that it was left to drop. I knew it was going to get up there but i didn’t think it would sell for 95k on a resellers platform.

  3. Askme says

    February 28, 2020 at 11:35 am

    wow . thats insane price if a reseller purchased that .


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