Expansión, a Spanish-language news magazine catering to the business markets in Mexico and Latin America, made its debut in 1969. What sets Expansión apart from most other business media outlets in Mexico is its unique focus on the individuals and innovative ideas that power the private sector within Mexico.
Taking a step forward in 2007, Expansión joined forces with CNN to introduce a specialized website dedicated to business, economic, and financial matters in Mexico and Latin America. Originally named CNNExpansion.com, this online platform was inspired by CNNmoney.com, tailored specifically for the Latin American audience.
The domain name CNNExpansion.com was registered in 2006 and was renewed for several years before dropping a few days ago. It was promptly picked up by DropCatch and was sold following a 3 day auction.
The closing price for CNNExpansion.com was $41,001 dollars, with DropCatch account “tantan1” as the winner. The bids jumped from $2,000 dollars to its closing price during the final hours of the auction.
CNNExpansion.com in auction
Was the bidding legitimate?
Occasionally, we have witnessed several auctions at DropCatch getting repeated, after the auction winner fails to submit payment. This is because pre-validation of a bidder does not take place.
Who would pay $41,001 dollars for a domain that contains the famous CNN mark is beyond our understanding; let’s see if this auction gets paid.
