December 19, 2008; 10:17 AM
CAMBRIDGE, Mass., December 18, 2008 – Sedo, the leading online marketplace for buying and selling domain names, today announced record sales for its signature GreatDomains auctions held in November and December. The company surpassed the $600,000 mark in sales and sold more than 90 domains, including quirky names such as Crab.com for $92,000, Hole.com for $35,000 and Hottube.com for $30,000.
“We’re extremely pleased with the results of our recent online auctions, which demonstrate the value and staying power of the domain industry,” said Jeremiah Johnston, chief operating officer of Sedo. “Even funny domains, such as hottube.com, a “hut tub” mistype, are drawing serious money as entrepreneurs and businesses continue to leverage generic names as a creative way to maximize their online presence.”
Beyond record sales, also noteworthy was the fact that Sedo’s Q4 auctions saw an increase in the number of bidders when compared with previous quarters this year.
Other top selling sales from the November and December GreatDomains auctions include two-character and numeric domains, such as ZP.com for $81,000 and 288.com for $43,222.
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 14 million listings. The success of Sedo's model has attracted a global membership base of more than 800,000 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.
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