| View previous topic :: View next topic |
| Author |
Message |
junoman
Joined: 31 Aug 2004 Posts: 80
|
Posted: Sun Mar 01, 2009 9:42 am Post subject: Toys.com sells for $5.1 Million in Auction to ToysRus |
|
|
Toys.com sells for $5.1 Million in Auction to ToysRus. I guess they really wanted this bad.
In a heated bidding war, ToysRUs bought the domain name Toys.com at auction for $5.1 million. ToysRus really wanted the domain, for obvious reasons. Everyone except ToysRUs and domain holding company National A-1 (owner of domains such as free.com, boys.com, girls.com, and divorce.com) bowed out of the auction at $3 million. The last $2 million was just those two companies going back and forth for hours.
ToysRUs really didn’t have much choice. If it wants to be the first thing people associate with toys it really couldn’t afford to allow anyone else to own that domain, even in this economy. Who says real estate is dead? _________________ Pete
Armenian News and Travel Guide |
|
| Back to top |
|
 |
illinois
Joined: 26 Feb 2009 Posts: 22
|
|
| Back to top |
|
 |
|
|
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot edit your posts in this forum You cannot delete your posts in this forum You cannot vote in polls in this forum
|
Powered by phpBB © 2001, 2002 phpBB Group
|