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news We.com Sales Price Between $8m-$10m

NameSilo
I have more information regarding the recent sale of We.com that you may all find interesting. As I reported last week, We.com recently changed hands, and at the time I speculated that the buyer was probably Chinese. I can now confirm that the buyer is Chinese, and Sedo did broker the deal using a Chinese broker (according to a source familiar with the deal).

The sales price of We.com has never been publicly revealed, but the seller of We.com has stated that the brokerage fee was "around $1m", which would bring the sales price of We.com to anywhere between $8m and $10m - meaning it would be one of the biggest domain sales ever.

We.com remains under privacy at Ename.com, a popular Chinese domain registrar, and the domain itself resolves to an Under Construction page. Plans for the domain name are unknown at this point.

Update on Aug 5, 2015: WE.com Sales Price was $8 Million. Buyer Revealed.
 
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AbdulBasit.com

DomainsWeb.comTop Contributor
AbdulBasit.com
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13,233
Thanks for sharing James and it's great news! :)
 

GravityEleven

Top Contributor
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2,101
This would indeed be great news (if true) and even trumps my optimistic expectations of it having sold for at least over US$ 3 mio as voted on the Poll here some days ago.. *thumbs up*
 
Excellent bit of information James. Thank you for sharing!

By the way, I believe that the Roman Numeral M indicates 1,000 while the Roman Numeral MM indicates 1,000,000
 

S-B

Account Closed
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5,227
The seller of We.com has stated that the brokerage fee was "around $1m."

This could easily be off by 5%.

I've seen brokerage fees range from 5-15%. Depends on the broker/venue. It's also important to note that fees tend go down as the price goes up. It might have even been a bigger sale.
 

Suraj Soni

Established Member
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164
Guess what?? few days back i appraisals this domain at Flippa. i don't he was the original owner or just curious for the price.
 

Branded Domains

Be YouTop Contributor
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I think domain was broked for $10m..because 10% is the min charge the broker usually takes ..its a historic sale if true.thank u for the news.
 

mad409

Always thinking outside the box!Top Contributor
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DU

Secret SantaTop Contributor
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It's not radio friendly... it could be wee.com

Wealth Evolution

An acronym. Well worth the money in that case :o)
 

B&J

VIP Member
DNPric.es Staff
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253
It's not radio friendly... it could be wee.com

Wealth Evolution

An acronym. Well worth the money in that case :o)

Strange they did not buy wealthevolution.com prior to this acquisition. Why?