NEW YORK, NY – According to Industry news site DNW.com, and a press release, the Iconic US State Name, California.com has been acquired, along with a group of related domain names, in the mid seven figure range. Not bad for a parked domain name. What is truly amazing about this sale, and near-every business broker will spin their head around about, is that the sale is for an asset by itself, a possible business at a great address, with NO BUILT IN REVENUE OR … [Read more...]
Three Letter Blockbuster Domain Sale, ICE.com Trades Hands for $3.5 Million
NEW YORK, NY - According to a press release, the three letter Internet domain name ICE.com has been sold via a private, confidential transaction in the amount of $3.5 million. The sale is expected to be the largest publicly disclosed domain name sold in 2018. The sale was handled by two domain and Internet business brokerage firms Brannan’s and Grit Brokerage and the purchase price and value was defined in a statement as a long-term benefit at the cost of a single … [Read more...]
Donuts Acquisition of BudURL Makes Good Use of New Top Level Domain Names
NEW YORK, NY – Donuts Inc, the company behind hundreds of new domain name extensions has acquired a link shortening service formally known as BudURL, and rebranded it as BL.INK. The service had been around for ten years and was founded by Andy Meadows. The acquisition took place sometime in 2017 according to a company press release, yet Donuts had been operating it in “stealth mode” quietly building in key features which will enhance the services ability to customize URLs … [Read more...]
In Wake of France Domain Theft, Geo .COM Name Space Owners Question Future?
NEW YORK - If you had not yet heard, the mega GEO domain “France.com” was recently ‘acquired’ by the European Country of France. Acquired can be a tricky word as the domain asset was, in this case, acquired through what I call an ‘unprecedented theft’ while readers commented that this event is likely the ‘biggest story in domaining during the last 20 years’, and I tend to agree; surprising there isn’t more Internet chatter on the subject. Coincidently, I’ve also noticed some … [Read more...]
Call for Donuts to Release Proof of Original “Record Breaking” gTLD Sale in Late 2017
NEW YORK – With another ‘out of the ordinary’ new Generic Domain Name sale publicly announced by Donuts Inc. for Vacation.Rentals (reportedly acquired for $500,300.00 in an all-cash deal) this becomes their second earth-shattering alternative-dot transaction in the last twelve months of which many will agree, appears to be sent straight from the heavens above. In fact, all of their employees should vacate the Kirkland, Washington premises immediately and purchase lottery … [Read more...]
Does the Domain Industry Suffer From Own Versions of Trumpted “Fake News” Stories?
NEW YORK, NY – You may have heard the news that a tremendous transaction recently took place. According to TNT Names, Donuts recently sold www.home.loans for $500,000.00. Wow, I missed the boat for sure. I just let Find.cars drop, crash and burn and lost $10,000.00 to count my chips and walk-away. I probably could have sold it for half-a-million dollars in CASH, or could I? What a mistake that was. Or was it? Considering the fact that this deal reflects the largest … [Read more...]
Category Killer Domain Shoes.com Acquired in $9M Transaction by Wal-Mart Stores, Inc.
NEW YORK, NY - According to domain name industry news publication DNJournal.com, Wal-Mart Stores, Inc., owned subsidiary ShoeBuy, has acquired the Internet domain name Shoes.com in a $9,000,000.00 transaction which included the domain name from a bankruptcy of now defunct operator “Shoes.com Technologies”. A spokesperson for ShoeBuy told Footwear News that the move was part of the company’s larger digital goals. We plan to maximize Shoes.com as the gold standard of category … [Read more...]