Domain investor George Kirikos has uncovered what appears to be the highest ever valuation for a domain name.
The entire business behind Cars.com, which was valued at $2.5 billion dollars last year, includes a monetary reference of “intangible assets” – or, the very domain name, Cars.com.
Its valuation in the documents filed with the US Government: a staggering $872,320,000 dollars.
The reference is made in two places in the Form 10k filed with the Securities and Exchange Commission:
“After the impairment testing date, we completed our acquisition of Cars.com and as a result recorded an indefinite-lived trade name valued at $872 million.”
And “Indefinite-lived intangible assets: $872,320,000.”
If this is confirmed, Cars.com could be the absolute most expensive domain name sale, ever.
Currently, 360.com holds the record of the most expensive domain name, at $17 million dollars.
Copyright © 2017 DomainGang.com · All Rights Reserved.