GoDaddy auctions: A “fundamentally flawed” domain bidding platform
Scammers continue to abuse the GoDaddy auctions system by taking advantage of its flawed policies on non-paying bidders. Tens of thousands of dollars in revenue are effectively lost daily, as an apparently organized and persistent ring of unscrupulous bidders gang up on legitimate GoDaddy bidders. Time and again, the non-paying winner and their accomplishes “force” […]
Copyright © 2024 DomainGang.com · All Rights Reserved.Domainers express frustration over growing woes at Dan.com
Dan.com entered the domain aftermarket segment of the domain industry, becoming a popular platform for domain investors. Its subsequent sale to GoDaddy for approximately $71 million dollars kickstarted a process of assimilation: GoDaddy already has its own marketplace, Afternic, which is promoted as the go-to platform for domain sales. In recent weeks, users of Dan.com […]
Copyright © 2024 DomainGang.com · All Rights Reserved.Starboard Value delivers scathing report on GoDaddy performance for investors
Starboard Value LLP, the third largest shareholder of GoDaddy common stock with 7.8% in holdings, has delivered a letter to GoDaddy; the letter is critical of the stock’s performance based on what GoDaddy delivers currently: Unfortunately, despite each of these opportunities remaining, over the last 18 months we have been disappointed by GoDaddy’s operational, financial, […]
Copyright © 2024 DomainGang.com · All Rights Reserved.Dan.com: Why are European domain buyers getting hit with 21% VAT
Domain names being sold on Dan.com carry a 21% VAT (Value Added Tax) the European equivalent of the US sales tax. The collection of VAT is to be expected in all European countries that are members of the Eurozone: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Portugal, […]
Copyright © 2024 DomainGang.com · All Rights Reserved.GoDaddy to carry live bidder feeds on its domain auctions platform!
GoDaddy is upping the heat to its rival domain auction platforms, with the introduction of live bidder feeds. The feature will be introduced in the coming days, according to a statement from GoDaddy: “Gone are the days of numeric bidder IDs, a live feed of other bidders is how GoDaddy plans to beat the competition, […]
Copyright © 2024 DomainGang.com · All Rights Reserved.CREFinancing.com: Domain has been reported by its owner as stolen
The domain name CREFinancing.com has been reported by its owner, Mr. Abe Brand, as stolen. The perpetrator moved the stolen domain to Google Domains from GoDaddy. The term “CRE financing” is quite valuable, hence the reason it was targeted: Commercial real estate (CRE) lending includes acquisition, development, and construction (ADC) financing and the financing of […]
Copyright © 2024 DomainGang.com · All Rights Reserved.DomainNameSales.com: Frank Schilling’s ingenious project RIP
Domain Name Sales, operating from DomainNameSales.com, was Frank Schilling‘s in-house platform for monetizing & selling his extensive domain portfolio. Manned by a team of brokers that were given full reign on negotiating with potential buyers, the platform grew fast. By 2012, it was open to the general public, setting the foundation for the launch of […]
Copyright © 2024 DomainGang.com · All Rights Reserved.GoDaddy reported Q2/2023 financial results
GoDaddy has released its Q2/2023 financial results. Year-to-date through July 31, 2023, GoDaddy repurchased 10.2 million shares of its common stock for an aggregate purchase price of $745.9 million, with an average price per share of $73.04. Cumulatively, these repurchases represent an approximate 16% reduction in fully diluted shares from those outstanding at the inception […]
Copyright © 2024 DomainGang.com · All Rights Reserved.Hot Tempe weather puts GoDaddy domains at risk
Arizona is on fire, with temperatures above the 110 degree threshold for almost two weeks. Cities like Phoenix and Tempe, where the GoDaddy headquarters are located, are facing unnaturally hot weather. Even the street asphalt reaches 180 degrees during daytime, so how can one be certain their domains are safe and won’t melt or burn […]
Copyright © 2024 DomainGang.com · All Rights Reserved.Dan.com tweaks signal “end of life” for popular GoDaddy brand
Recent changes at Dan.com indicate that the GoDaddy brand is approaching its end of life. While there is no public time frame shared by GoDaddy about an oncoming retirement of Dan.com, it’s expected to follow the trajectory of Uniregistry, another successful domain platform bought and shut down by GoDaddy. In recent days a series of […]
Copyright © 2024 DomainGang.com · All Rights Reserved.GoDaddy allegedly promotes self-owned, trademark domains on its search tool
A domain investor demonstrated results produced by the GoDaddy domain search tool and two things stand out: GoDaddy-owned domains and trademark violations. In a Twitter thread, the search performed is that of “Crystal” with the GoDaddy results containing a prompt to perform a brokered “acquisition” of Crystal.co.uk priced at $69.99 dollars. It also displays a […]
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