How should auction houses handle non payment by the winning bidder? Back on October 29, I wrote about Kau.com closing at $100,350 at DropCatch. That bidder did not pay, it’s being reauctioned. Is that the right way to handle things? I have written many times on how DropCatch and NameJet have benefited by GoDaddy failing…
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GoDaddy reports earnings posts Q3 revenue of $844.4 million
GoDaddy (NYSE:GDDY) posted third quarter earnings today. In 2020 they have added 1 million customers. Stock up $1.50 in After Hours trading Highlights: Q3 revenue of $844.4 million, up 11.0% YoY; bookings of $945.0 million, up 11.0% YoY; and net cash from operating activities of $197.3 million, down 1.4% YoY GoDaddy added 400k+ net customers…
PayPal gives some insight on crypto rollout and integration
PayPal has been in the news within the domaining community due to it’s banning of Epik and Namebio, reported earnings yesterday. PayPal reported revenues of $5.46 billion and adjusted earnings per share of $1.07 in the third quarter of 2020. Both were ahead of analyst expectations of $5.43 billion and $0.94, respectively. TechCrunch detailed how…
NamePull gets a 23x return on GreenFunder.com at $4,999
Thursday had some decent domain name resales. NamePull.com scored a nice sale on Thursday selling GreenFunder.com for $4,999. This resulted in a sweet return as they acquired it for $220 in 2017 at GoDaddy auctions. Alaa.com purchased for $2,300 in 2008 at NameJet, 12 year hold results in a $4,999 sale at Sedo. Detectives.org acquired…
Country Code domain names sales in 2020 have surpassed 2018 and 19
October is winding down and there are two full months left in 2020. When we look at reported country code domain name sales, they have already surpassed 2019 and 2018 full year sales. 2020 sales are 6,344 sales for $10.5 million vs 2019 full year sales of 6,249 sales for $10.5 million. The country codes…