Goes For One Million Dollars USD

July 26, 2007 at 10:15 am Leave a comment

Sedo, the leading online marketplace for the buying and selling of domain names, today announced that it recently brokered the sale of the domain 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 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.”

Looks like a fair price, likely sold less then its full value for such a gem but nevertheless, it is a fair price.


Entry filed under: Internet Startup.

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About Biz News

My Name is Bisi and this is my blog This blog features stories that I have read that I think are interesting . I usually bookmark the stories that I find interesting but they are getting too many . I have decided to catalog and share them on this site . I am not really promoting the site so you might have accidentally stumbled on it . Thanks for visiting .
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