The ICANNblog

Greetings! I thought you all may find the below news from Sedo of interest.
Sedo Brokers Sale of Chinese.com for $1 Million

Cambridge, Mass., July 23, 2007 – Sedo, the leading online marketplace for the buying and selling of domain names, today announced that it recently brokered the sale of the domain Chinese.com for $1 million. The deal marks Sedo’s first seven figure sale in 2007.

“Domain name sale prices often follow trends in the marketplace, and Chinese.com certainly indicated the massive economic interest in China,” said Matt Bentley, chief strategy officer, Sedo. “Additionally, the transaction further demonstrates Sedo’s expertise in the premium domain name market.”

Sedo is currently auctioning several premium domains – including Chinese.net – through its GreatDomains.com brand as part of a seven day auction. Other names for sale during the auction, which ends on Thursday, July 26, include StockQuotes.com, Accessoires.com, Shrimp.com, Whisky.com, Debit.com, Markets.com, Sweatpants.com, Albinos.com, Cantonese.com, Dads.com, Yoyos.com, MedicalRecord.com and Subscription.com.
About Sedo Sedo, an acronym for “Search Engine for Domain Offers,” is the leading online marketplace for buying and selling domain names and websites. Headquartered in Cambridge, Mass., Sedo has assembled the world’s largest database of domain names for sale, with more than seven million listings. The success of Sedo’s model has attracted a global membership base of more than 350,000 domain professionals. Sedo is majority-owned by AdLINK Group (ISIN DE0005490155 / German WKN: 549015), which is part of the German United Internet AG (ISIN DE0005089031/ WKN 508903). Sedo offers regional versions of its site for the UK (Sedo.co.uk), France (Sedo.fr), Germany (Sedo.de), and Spain (Sedo.com). For additional information, please visit www.sedo.com.

Press Contact: Mike Kaplan fama PR 617-758-4156 sedo@famapr.com

1 comment July 26th, 2007

Originally posted by Cwmuruga:

http://colwamy.blogspot.com

Add comment July 9th, 2007

Originally posted by Michael Maranda:

Considerably in advance of the official hike in domain pricing… some registrars have raised prices. The argument that this is a trivial increase and corresponds with inflation is belied by the basic economics of the information age: The cost of computation and connectivity should be going down all the time. This is a policy failure, and has established poor precedent.

Add comment July 3rd, 2007