Does this mean that vowels are popular again? The domain name OOMI.com (oomi.com) expired recently and was caught by DropCatch.com. In the subsequent auction, which I was a part of until early 4 figures, the price reached an incredible $130,650 and was won by DropCatch.com user "eagleon."
As of writing this article, the domain has yet to be transferred to the winning bidder's account, but as every user who bids over $60 has to be verified before submitting a bid, it's highly likely that the domain sale will go through successfully.
The auction had 57 participants and a total of 316 bids in total. Up until $130,000 there were three users bidding.
The domain name OOMI.com was sold at NameJet.com in 2011 for $2,100. It was then used by a German company until earlier this year, when the domain was allowed to expire.
If you own a 4 letter .com with 3 vowels - should you be excited by this sale? No, not really. I don't think that the winning bidder was a Chinese domain investor (although I could be wrong), rather I think that the domain could have been acquired by OOMI - a smart home technology company, who raised $1.4m just over a month ago, with a further $1.7m of funding via Indiegogo. They are currently using the domain oomihome.com.
There's a possibility that another bidder could have been OOMI UK - a contact relationship management company using the domain oomi.co.uk.
It looks as though there was a bidding war between at least 5 DropCatch.com users, which took the price from $1,971 to $36,000 when it became a three-way bidding war that stopped at $130,650 just 45 minutes later.
As I said earlier, at this point in time we can only guess who won the auction, but the sale goes in at number 31 on DNJournal's chart of highest publicly reported domain sales of the year, and it is the largest domain sale at DropCatch.com (according to NameBio).
Updates:
As of writing this article, the domain has yet to be transferred to the winning bidder's account, but as every user who bids over $60 has to be verified before submitting a bid, it's highly likely that the domain sale will go through successfully.
The auction had 57 participants and a total of 316 bids in total. Up until $130,000 there were three users bidding.
The domain name OOMI.com was sold at NameJet.com in 2011 for $2,100. It was then used by a German company until earlier this year, when the domain was allowed to expire.
If you own a 4 letter .com with 3 vowels - should you be excited by this sale? No, not really. I don't think that the winning bidder was a Chinese domain investor (although I could be wrong), rather I think that the domain could have been acquired by OOMI - a smart home technology company, who raised $1.4m just over a month ago, with a further $1.7m of funding via Indiegogo. They are currently using the domain oomihome.com.
There's a possibility that another bidder could have been OOMI UK - a contact relationship management company using the domain oomi.co.uk.
It looks as though there was a bidding war between at least 5 DropCatch.com users, which took the price from $1,971 to $36,000 when it became a three-way bidding war that stopped at $130,650 just 45 minutes later.
As I said earlier, at this point in time we can only guess who won the auction, but the sale goes in at number 31 on DNJournal's chart of highest publicly reported domain sales of the year, and it is the largest domain sale at DropCatch.com (according to NameBio).
Updates:
- Jul 6, 2015: OOMI.com Didn't Sell For $130,650
- Jul 9, 2015: The new OOMI.com auction has closed at $22,050
- Aug 7, 2015: OOMI.com is now owned by OOMI Smart Home according to its WHOIS record.
