Cars.com sale confirmation : Latest report audited by Ernst & Young

Two years ago, domain investor George Kirikos, broke the news on the domain valuation of the Cars.com sale. The overall transaction exceeded $2.5 billion, and the Cars.com domain – an intangible asset – has been valued at $872,320,000 dollars. Astonishing as it may seem, this valuation has been confirmed in the financial report filed with […]

Copyright © 2017 DomainGang.com · All Rights Reserved.

Cars.com confirmed to be the largest domain sale in history

Cars.com has been confirmed to have been the largest domain sale in history, with a staggering $872,320,000 dollar valuation. Domain investor, George Kirikos, provided this number two years ago, and is once again quoting the numbers from the latest Cars.com financial statement: In connection with our acquisition by Parent, we have an intangible asset with […]

Copyright © 2017 DomainGang.com · All Rights Reserved.

Chinese domain market report : Qihoo 360 seeks to protect its “360” trademark

Can you trademark a number in China? Apparently so, especially when it’s as famous as the one used in 360.com, the $17 million dollar domain belonging to Chinese giant company Qihoo. Qihoo 360, by far China’s largest security software provider, filed the lawsuit in February and claimed that an Internet financial company named 360 Daidai […]

Copyright © 2017 DomainGang.com · All Rights Reserved.

Almost 9 figures : LasVegas.com sold for $90 million dollars!

Domain investor extraordinaire, George Kirikos, has dug up the financial reports of the Vegas.com owners. According to Kirikos, Vegas.com paid $12 million dollars in cash in 2005, to acquire the domain LasVegas.com. But that’s just the tip of the iceberg. The analysis of the financial statements reveals that LasVegas.com was sold for an astounding $90 […]

Copyright © 2017 DomainGang.com · All Rights Reserved.

360.com update: Record-breaking domain sale was for $17 Million dollars

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 […]

Copyright © 2017 DomainGang.com · All Rights Reserved.

Did 360.com sell for $16,000,000 dollars?

Speculations are running wild about the sale of 360.com, a perfect, round number; the domain was sold by telecom giant Vodafone to Qihoo 360 Technology Co Ltd in China. The buyer, ‘upgraded’ their brand from 360.CN to the globally recognized dot .com equivalent. George Hong, of Guta.com – a premium domain investor and brokerage firm […]

Copyright © 2017 DomainGang.com · All Rights Reserved.

Dubai.net : Wishful thinking when sending out press releases about the value of domains

The game of “wishful thinking” among promoters of domain auctions started with the categorization of Holiday.com as a “$30 million USD domain.” This pompous reference to Holiday.com about to become the priciest domain name in history came with no supporting evidence from industry experts; the latter would include professional domain brokers or established domain auction […]

Copyright © 2017 DomainGang.com · All Rights Reserved.

Mega Millions jackpot buys 500 top domains ever sold!

In a few minutes, the craze about the much publicized Mega Millions jackpot of $640 million will hopefully end, with a winner of this astounding amount of cash. Since the cash option will be a payout of $462 million, after a 25% tax haircut the lucky winner will be left with approximately $346 million dollars. […]

Copyright © 2017 DomainGang.com · All Rights Reserved.

Sergei Putanov: Why I invested $69 million for A Mile High Club .com

Two days ago we broke the news of the biggest domain sale ever – the acquisition of the domain name AMileHighClub.com by Russian billionaire domain investor, Sergei Putanov, for $69 million dollars. In an interview granted to our correspondent in Ekaterinburg, Russia, Sergei Putanov describes his motives for this monumental domain investment and talks about […]

Copyright © 2017 DomainGang.com · All Rights Reserved.