Kyte.com Domain Name was Acquired for $550k in 2021

San Francisco Business Times (behind a paywall) and TechCrunch wrote articles about Kyte shutting down. Kyte was a car rental service that operated on the brand matching Kyte.com domain name.

According to a Public Notice of Intellectual Property Sale listing on DailyDac.com, the company paid $550,000 to acquire the Kyte.com domain name in 2021. A total of 31 domain names are available as part of this listing.

While a $550,000 domain name sale is substantial, it would tie for the 28th largest publicly reported domain name sale of 2021. According to the 2021 domain name sale archive maintained by DNJournal, Lender.com and Wolf.com both sold for $550,000 in 2021.

Notably, NameBio shows the Kyte.com domain name previously sold on NameJet for $5,303 in March of 2015.

As every domain investor and business operator knows, an exceptional domain name can help a business tremendously. It can’t overcome all business obstacles though. There are quite a few companies that use Kyte in their branding, so perhaps this domain name will eventually be acquired by one of them.

Elliot Silver
Elliot Silver
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 closed eight figures in deals. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest. Reach out to Elliot: Twitter | Facebook | LinkedIn

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