While my wife was watching her favorite Netflix show last night, I was digging through some old SEC filings on the couch next to her. I discovered a seven figure domain name sale that does not seem to have been reported elsewhere until now.
According to a note in the Wowo Limited Form 1 SEC filing from January of 2015, the 55.com domain name was acquired in 2011 for $2,317,200. The domain name acquisition can be found on page F-81 of the SEC filing.
“In July 2011, the Group acquired a domain name of www.55.com in amount of $2,317,200 with 10-year useful life.”
I took a look at the DomainTools Whois History tool, and it does look like the domain name changed hands in 2011 as reported. 55.com was owned by a registrant in Hainan, China in 2010, and it then transferred to wowoholdinglimited in Beijing in 2011.
Unless I am missing something here, I would imagine this sale will be added to NameBio and DNJournal retroactively. Once Ron confirms the sale of 55.com, it will move to the second largest domain name sale of 2011. It will fall short of the $2.6 million sale of Social.com and will leapfrog the $1 million sale of DomainName.com.
Goes to show these are brought privately all the time for large sums of dinero.
Not really “all the time”, it is a couple of times per year.
I am glad Squarely is one word and it easily passes the radio test.
and best of all, any types of business can use it.
Eddiot, are they training you for bike food delivery? Do not ride bikes. KEEP AWAY FROM BIKES.