European company with FBA acronym sells FBA.com domain name to Amazon.com.
Amazon.com (NASDAQ: AMZN) has acquired the three-letter domain name FBA.com, most likely because of its popular Fulfillment By Amazon program.
Fulfillment By Amazon, commonly kno w as just FBA, is a service in which Amazon.com stores, picks, packs and ships products on behalf of other companies. This includes both companies selling products through the Amazon marketplace as well as ecommerce sites that want Amazon to handle fulfillment for them.
Selling products on Amazon through FBA has become very popular. It’s even turned into a bit of a solopreneur business opportunity. Listen to this DNW podcast from June to learn more about it. There’s a company in Austin that raised over $10 million to buy and build FBA businesses.
FBA.com was previously owned by a Great Britain company called Fee Based Advisors LLP.