Sedo hits milestone, but revenue weak in 2009.
Sedo’s parent company AdLink (soon to be Sedo Holding) has released final results for 2009. Here are the highlights for the Sedo division:
Revenue: 46.6M EUR. This is down 14.8% from 54.7M EUR in 2008. You can blame the falling domain name parking and soft sales market for the dip.
Number of Registered Users: Congratulations are in order for Sedo, which topped 1,000,000 registered users by the end of the year.
Employees: Sedo now has 155 employees across its worldwide offices, down from 179 in the year prior.
What’s in store for 2010? The company see a small decline. But hope is on the horizon:
In the field of Domain Marketing, in which we hold a leading global position, we expect a slight general decline in 2010 and a return to growth from 2011 onward. We shall continue to invest in our domain inventory and cooperate increasingly with partners in the field of domain trading in 2010.
Greg says
I think you mean million EUR.
Andrew Allemann says
Greg, that would make a little more sense, wouldn’t it?