07-09-2016, 09:25 AM
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It's 42
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Join Date: Jun 2010
Location: Global
Posts: 18,083
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.shop gTLD sells for record $41.5 million | Domain Incite - Domain Name Industry News, Analysis & Opinion
Quote:
.shop gTLD sells for record $41.5 million
Kevin Murphy, January 28, 2016, 06:45:20 (UTC), Domain Registries
The nine-way fight for the .shop gTLD has raised $41.5 million at auction.
It?s the most-expensive reported new gTLD sale to date.
The victor was GMO Registry of Japan, which runs a few Asian geographic gTLDs and acts as service provider for over a dozen dot-brands.
GMO wanted .shop so badly it actually applied twice for the gTLD in the 2012 application round.
Only two bidders, GMO and an unidentified rival, were prepared to pay over $15 million, according to ICANN.
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People with money are sure STUPID!
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