RedX.com: The $59,777 Buyer is Revealed

Last week, the domain name RedX.com sold for $59,777 at an expiration auction at GoDaddy, leading many investors to speculate who the buyer is. At such a high sales price, many assumed that the new owner is an end-user. Those assumptions are correct. The WHOIS details for the RedX.com domain...

The Sales Roundup: Why January.com Sold for $107,000, and More

In the domain industry, we see sales figures daily. Services such as NameBio post hundreds of closed deals allowing investors to find comparisons that can be useful for both buying and selling domain names. What we often don't see is why a domain sold for a certain amount. This new...

Brent Oxley Moves Broker.com, VT.com, Uno.com, and More From GoDaddy to Namecheap

Over the past few years, Hostgator founder Brent Oxley has amassed a portfolio consisting of some of the best .COM domain names in existence. Paying somewhere in the eight-figure range to create the portfolio, Brent has now listed the majority of his domains for sale at Oxley.com. The names on...

Strategy Scrutiny: Why CoolShop Paid $100,000 for CoolShop.com

Recently, domain investor Michael Bilde of Embrand found a story in a Danish newspaper that revealed that a company called CoolShop acquired the CoolShop.com domain name for $100,000. This fee surpasses many other "shop" domain sales prices. It beats: PopupShop.com for $57,000 BookShop..com for $47,500 VideoShop.com for $30,990 So why...

Giuseppe Graziano Launches LMX.com

Liquid domain name broker Giuseppe Graziano, the founder of GGRG, has announced that he is launching a new service. Developing from his LXME platform which enabled users to liquidate certain short domain names, Giuseppe has now launched LMX using the LMX.com domain. According to an email from Giuseppe, the switch...

Facebook Acquires Rooms.com for Messenger Rooms

Facebook has spent millions of dollars on domain name purchases. From the two-letter .COM, FB.com, for $8.5 million to Facebook.com itself for $200,000 as an upgrade from TheFacebook.com (a decision immortalized by Justin Timberlake in The Social Network, telling Zuckerberg to "drop the 'the'"). Aside from those two names,...