55.com Was Sold for 7 Figures in 2011

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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.

About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has sold seven figures worth of domain names in the last five years. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest.

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