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sales Breaking: The Largest Domain Sale of the Year is Revealed

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Sunday is usually a day in which even the domain industry rests somewhat, but not today. George Kirikos, investor and owner of Leap of Faith Financial Services, has uncovered another seven-figure domain sale, which was previously unreported.

In a series of tweets earlier today, George teased followers with a number of clues, before finally revealing the sale.

The domain in question is Vivo.com. The buyer of Vivo.com is Vivo, a Chinese technology company that has been using VivoGlobal.com as its main website.

According to George, the final sales price of Vivo.com was $2.1 million, and was sold by Real Networks (RNWK), a NASDAQ listed company based in Washington (page 26).

Vivo owns several other names including vivo.co.in, vivo.com.cn and vivo.cn, so acquiring the .COM definitely makes sense.

This sale ranks as the largest sale of this year, and it is just the third seven-figure domain sale that has been publicly disclosed this year, following the sales of Jade.com and LA.com.
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
Great sale!!! Selling only a domain without any site developed on it is just unbelievable.
As the final sale price was 2.1M, I wonder how the seller had asked initially :D
 
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Damn!! How many domainers collectively thought they have been selling names too cheap upon hearing this sale?

Stellar sale!
The real question is ........ how often does this kind of sale happen, none of us are getting any younger
 
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I hope Vevo don't sue the buyer for same sounding word I.e. Vivo
 
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I hope Vevo don't sue the buyer for same sounding word I.e. Vivo
I haven't looked into it but probably different class trademarks?
 
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Yes, but they can still do that given they are growing on Youtube. I also check for vivo and there are many trademark for vivo aswell. Maybe it all down to class then.
 
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I think the fact that a large US company owned it was an influential factor in its sale. They're likely to be in a financial position that allows them to say no to big offers.
definitely agree
 
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I'm replying to this thread on my Vivo phone. It's by far the best phone I've ever had... Also one of the cheapest. Also, that's a killer sale...

But yeah, in short, Vivo is awesome.
 
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Wow!
I have EUVO.com (pronounced as YUVO) and like it a lot, but it is still surprising to see the sale. At that price, most companies would have preferred to take UDRP path.

its just good to see a company that
probably could have gone down the udrp route choose not to

The company obviously realised vivo.com was a quality domain that made sense for them to buy and they knew it would cost them a few quid and they paid a good fair price the going rate for a good short neat .com that they will benefit from for years to come and in the grand scheme of things it will end up not costing them a 1p because its value will increase significantly as short neat .com s become extremely scarce or very very expensive in years to come
 
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wow, impressive, thanks.
 
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That was a good impresive sale. Oh! I wish I stumble upon such name for reg fee. Impossican! Cheers.
 
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Vivo = Serious brand. Good sale.
 
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I'm sure vevo.com bleeds thousands of visitors a month to vivo.com, too.
 
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Great sale!!! Selling only a domain without any site developed on it is just unbelievable.
As the final sale price was 2.1M, I wonder how the seller had asked initially :D

i reckon the seller must have originally asked for $3m or even 5m and may have received a very good but lower offer anxious the seller may have said meet me half way and the 2.1m being as close to half way of the 5m - obviously its purely my own opinion and basically i don't know how the sale price arrived at 2.1 etc - it could have been a straight 2m offer with 5% broker commission fee - again i am purely guessing as haven't got a clue
 
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I think the fact that a large US company owned it was an influential factor in its sale. They're likely to be in a financial position that allows them to say no to big offers.

Seller saw a big fish on the hook and the buyer offered an insane amount of money to get it. Pure luck and nothing more. Those that say don't price domains based on the buyer have once again been proven wrong. A domain is worth what someone is willing to pay for it and not what it's actually worth.


Can't only be luck. You need a seductress for domain broker, father of all marketeers and bargaining. :laugh::roll::rolleyes::-o;)
 
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one letter off:S I have vyvo.com
 
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