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James Iles

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

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By James Iles, Jul 3, 2015
  1. 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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  4. James Iles

    About The Author — James Iles

    James is a domain name industry professional currently working on numerous domain industry research, acquisition and sales projects. Contact [email protected] For all inquiries relating to NamePros stories and interviews, please email: [email protected]

    This is James Iles's 30th blog post on NamePros. View all blog posts

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    https://about.me/iles
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  5. Comments (11)

  6. jideofor

    jideofor Top Member VIP ★★★★★★★★★★

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    GoodNews for folks like FX
     
  7. AbdulBasit.com

    AbdulBasit.com DomainsWeb.com AbdulBasit.com PRO VIP ★★★★★★★★★★

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  8. GravityEleven

    GravityEleven Top Member VIP

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    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*
     
  9. claudedauman

    claudedauman Member VIP ★★★★★★★★★★

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    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
     
  10. S-B

    S-B Account Closed

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    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.
     
  11. cm4150

    cm4150 Established Member

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    thanks for sharing information
     
  12. Suraj Soni

    Suraj Soni Established Member

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    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.
     
  13. Branded Domains

    Branded Domains Be You VIP

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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.
     
  14. mad409

    mad409 Always thinking outside the box! VIP

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  15. DU

    DU Secret Santa VIP ★★★★★★★★★★

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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)
     
  16. B&J

    B&J Member DNPric.es Staff VIP ★★★★★★★★★★

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