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Sedo acquires another domain name parking company. In a long rumored transaction, Sedo has acquired domain name parking company ParkingPanel.com for an undisclosed price. ParkingPanel was launched in 2006, but ran into a few roadblocks. In March of 2008 it lost its advertising feed and was forced to look for an alternate provider. It announced [...]
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. [...]
Despite downturn, Sedo revenue drops only 12.6%. [Editor: Earlier today I wrote about the acquisition price for RevenueDirect. Here is some more data about Sedo gleamed from its parent company annual report.] Most people in the domain business would be happy to have their 2008 revenue be only 12.6% lower than 2007. Sedo has done [...]
Acquisition was small in monetary terms, but important in its signal. According to public company financial reports, Sedo paid $825,000 for its acquisition of RevenueDirect in February. The purchase price included the customer base, RevenueDirect brand and all respective software. The transaction price was not announced when the company was purchased in February, leading to [...]
eToys stories most popular in February. Toys, toys, toys. That’s a theme in the top stories on Domain Name Wire in February, as ranked by views. 1. Toys.com, Birthdays.com, Hobbies.com Sold at Auction – after getting a tip, Domain Name Wire uncovers the details behind a multi-million dollar domain name auction. If only the tip [...]
