CentralNic sells more domain names from its domain trading business.
CentralNic (AIM: CNIC) announced today that it has sold a group of domain names for US $1 million, to be paid over the coming months.
The sale comes from CentralNic’s portfolio of over 20,000 domain names. The company started buying and selling domain names in the second half of last year, and reported $2.5 million in sales in December 2014.
CentralNic’s biggest value might be in the two letter domain names it owns, such as US.com and UK.com. But it can’t easily sell these domains since it has sold third level registrations underneath them.
Pete says
Obviously need the cash.
Spanky says
Sounds like they’re preparing to focus on some other part of the business or expecting new gTLDs to be their next investment and sell their legacy TLDs while they still have a high value.
Andrew Allemann says
Doesn’t sound like it. They just got into the business of buying and selling domain names at the end of last year, and their CEO said they plan to continue doing it.
Mike says
They are in troubles. That’s why they don’t publish ANY statistics in regards of the extensions they are running (for years), even they should, as they are a public company. Jerks!