Sex.com has just lost its #1 position as the most expensive domain ever sold; various sources are confirming that 360.com went to Qihoo for a staggering $17,000,000 dollars.
Hardly unexpected as the company has a $7 billion market capitalization, and the seller – Vodafone – is bigger by a factor of 16.
The news was independently confirmed by expert Chinese investor, George Hong, and Andrew Rosener of Media Options, whose Vodafone connections “nodded” that the selling price was $17 million USD.
Wow.
Repeat after me: 360.com was sold for $17 million dollars, almost twice as much as Porno.com.
Qihoo CEO, Zhou Hongyi, often referred to as “domain gangster” by the Chinese media, must be throwing a lavish party just about now over this record, and the acquisition of a global domain for his company.
Zhou Hongyi, Qihoo CEO. Source: Forbes.
