Sedo Close to 1 Million Member Milestone
Friday, May 15th, 2009
Domain broker and domain parking company may hit milestone this quarter.
Domain name brokerage and parking company Sedo may be celebrating a milestone this quarter for reaching one million registered users.
The company’s first quarter financial report shows that the company now has 962,000 registered members, up from 907,000 at the end of last year. At this pace, Sedo should hit the million mark sometime during Q2 2009. It’s unclear if these numbers include new registrations that were part of Sedo’s acquisition of RevenueDirect.
Although registered users and domains keep increasing, the company continues to face pressure from changes in the domain parking business. Revenue for the first quarter came in at EUR 11.9M, down from EUR 12.3M in Q4 2008 and from 15.0M in Q1 2008. However, this small quarter-to-quarter decrease suggests that the bottom may be near.
Related posts:
- Sedo 2008 Revenue Falls to EUR 54.7 Million
- Sedo Domain Sales Booming as Parking Flounders
- Sedo surpasses 3 million domain listings
Tags: Domain name brokerage, sedo, Sedo GmbH
Wow, Does that include endusers that have to sign up in order to buy a domain or is that just sellers/parkers ?
I imagine it includes end users.