Sedo Reaches an All-New Milestone

Sedo, the #1 domain name brokerage and parking provider in the world, has just released a press release that states that they have indeed reached an all-new milestone that the domaining industry has yet to see. The milestone, a whopping 3 million domains in their database for sale. If this is any indication of what the industry as a whole will be experiencing, then the future appears to be very bright, as the growth has been explosive.

Here is the press release:

Cambridge, Mass. –January 11, 2006 – On the first day of the new year, Sedo.com, the largest domain marketplace in the world, broke the record with 3 million domain listings, more than any other domain marketplace.

This number exemplifies Sedo’s position as the leading global domain trading platform. Sedo, with offices in Cambridge, Massachusetts and Cologne, Germany, has a catalogue of domains three times the size of the next largest competitor.

The company began in 1999 with only a couple dozen domains listed for sale. “Now we have reached the summit of 3 Million domains listed for sale and we expect to have 10 million domains within the next two to three years. The continuous addition of new domains listed for sale with Sedo proves to us domain trading is increasing in awareness. It does not matter, whether these domains are registered for personal or businesses purposes, what is of importance is the domains are valuable ‘virtual” sale goods,” said Tim Schumacher, Sedo co-founder and CEO.

The first domain listed for sale on Sedo’s marketplace was “offensiv.de.” (“offensive” in German) However, the first domain sold through Sedo’s platform was “tulpen.de” (“tulips”) which sold for 300 EUR, a modest price by today’s market standards.

Source: Sedo

Domaining Blog™
"Make The Most Of Domains™"
DomainingBlog.com™



Domaining Blog is the place to find daily domain name news, reported domain name sales, domaining tips and articles, domain name industry reviews and interviews. Domaining Blog delivers the daily domain news, bookmark us today and always be in the know.