- Impact
- 3,203
On page 47 of the latest annual report for Indigo Books & Music (of Canada):
https://static.indigoimages.ca/2018/corporate/Indigo_Annual-Report-18.pdf
there's a CAD $3,387,000 addition to the domain name balance. Nearly all of that must be for the Indigo.com domain name, that they acquired in early January 2018, as reported by DomainInvesting.com:
https://domaininvesting.com/indigo-com-changes-hands/
Both the buyer and seller of Indigo.com were from Canada, so the "natural" transaction price was probably denominated in Canadian dollars. As of January 11, 2018 (the first time the WHOIS history shows Indigo Books & Music as the owner on January 14, 2018, but the "updated date" was January 11, 2018),
https://research.domaintools.com/re...q=indigo.com&date=2018-01-14&origin=permalink
the exchange rate was 1 USD = CAD $1.2535, making it USD $2,702,034.30.
HOWEVER, there wasn't just a single domain name they added in the past year! (ugh!) We know that they also bought IndigoLife.com for USD $7,100, see:
https://domainnamewire.com/2017/06/28/22-end-user-domain-name-sales-past-week/
I have an email in to their investor relations, to see if they can tell me the exact price of just Indigo.com (no response yet), but if IndigoLife.com is the only other domain (likely), then it's still
roughly a USD $2.7 million deal. Not sure if DNJournal can chart it with the info we have, but obviously it's a big transaction, bigger than even the GoTo.com deal.
By the way, there's another company in India that is much larger that uses that brand for an airline called IndiGo:
https://en.wikipedia.org/wiki/IndiGo
https://finance.yahoo.com/quote/INDIGO.NS?p=INDIGO.NS
They blew it by not buying it before the Canadian company did.
https://static.indigoimages.ca/2018/corporate/Indigo_Annual-Report-18.pdf
there's a CAD $3,387,000 addition to the domain name balance. Nearly all of that must be for the Indigo.com domain name, that they acquired in early January 2018, as reported by DomainInvesting.com:
https://domaininvesting.com/indigo-com-changes-hands/
Both the buyer and seller of Indigo.com were from Canada, so the "natural" transaction price was probably denominated in Canadian dollars. As of January 11, 2018 (the first time the WHOIS history shows Indigo Books & Music as the owner on January 14, 2018, but the "updated date" was January 11, 2018),
https://research.domaintools.com/re...q=indigo.com&date=2018-01-14&origin=permalink
the exchange rate was 1 USD = CAD $1.2535, making it USD $2,702,034.30.
HOWEVER, there wasn't just a single domain name they added in the past year! (ugh!) We know that they also bought IndigoLife.com for USD $7,100, see:
https://domainnamewire.com/2017/06/28/22-end-user-domain-name-sales-past-week/
I have an email in to their investor relations, to see if they can tell me the exact price of just Indigo.com (no response yet), but if IndigoLife.com is the only other domain (likely), then it's still
roughly a USD $2.7 million deal. Not sure if DNJournal can chart it with the info we have, but obviously it's a big transaction, bigger than even the GoTo.com deal.
By the way, there's another company in India that is much larger that uses that brand for an airline called IndiGo:
https://en.wikipedia.org/wiki/IndiGo
https://finance.yahoo.com/quote/INDIGO.NS?p=INDIGO.NS
They blew it by not buying it before the Canadian company did.
