XXX,XXX U.S. Dollar IDN Sale!

Discussion in 'Indian IDNs' started by stbmax, Aug 7, 2008.

  1. stbmax

    stbmax New Member

    Joined:
    Jul 23, 2008
    Messages:
    12
    Likes Received:
    0
    Trophy Points:
    0
    A Russian IDN has been sold for XXX,XXX U.S. Dollars, as reported on various IDN Forums.
    Considering the huge Indian market...it looks like Indian IDN Domains are about to rise significantly in value!
     
  2. Jeff
    • Staff / Moderator

    Jeff Canada Administrator Staff Member

    Joined:
    Mar 26, 2008
    Messages:
    4,652
    Likes Received:
    655
    Trophy Points:
    113
    Wow - that's amazing! What sort of verification has been done to show that this is a real sale?

    This could be the Flowers.mobi of the IDN world.
     
  3. stbmax

    stbmax New Member

    Joined:
    Jul 23, 2008
    Messages:
    12
    Likes Received:
    0
    Trophy Points:
    0
    Hi, Jeff.

    I've dealt with the buyer before, and you can take it to the bank, IMO.
    He has stated, that he will release more details in the next couple of weeks.
     
  4. Jeff
    • Staff / Moderator

    Jeff Canada Administrator Staff Member

    Joined:
    Mar 26, 2008
    Messages:
    4,652
    Likes Received:
    655
    Trophy Points:
    113
    Thanks. I can't wait to learn more!
     
  5. themalaysian

    themalaysian New Member

    Joined:
    Aug 8, 2008
    Messages:
    21
    Likes Received:
    0
    Trophy Points:
    0
    Amazing, it's a large of amount. I wonder what domain is that? Furthermore, from this thread i think India domain market will become larger in future.
     
  6. stbmax

    stbmax New Member

    Joined:
    Jul 23, 2008
    Messages:
    12
    Likes Received:
    0
    Trophy Points:
    0
    Apparently, there was a 1 domain $XXX,XXX U.S. deal, and also a $X,XXX,XXX U.S. package deal.
    Looks like Россия.com (Russia) may have been the 6 figure deal, and
    бизнес.com (Business), was part of a 7 figure deal, completed last week.
     
  7. Jeff
    • Staff / Moderator

    Jeff Canada Administrator Staff Member

    Joined:
    Mar 26, 2008
    Messages:
    4,652
    Likes Received:
    655
    Trophy Points:
    113
    Thanks for the update stbmax!

    Both domains are held by the prominent attorney, John Berryhill, in Trust, so it looks like the transaction may not yet be complete?

    7 figures? - That's amazing!
     
  8. Nomad

    Nomad New Member

    Joined:
    Jul 26, 2008
    Messages:
    130
    Likes Received:
    0
    Trophy Points:
    0
    This is simply Huge, in any respect. a 6 or 7 figure deal for an IDN is something most people haven't thought of earlier. But Indian Market is a bit slow to react to IDNs in my view so Indian IDN's would charge up a bit later.