Cars.com is the largest domain sale in history

Cars.com has been confirmed to have been the largest domain sale in history, with a staggering $872,320,000 dollar valuation.

@Rick Schwartz Agrees
https://twitter.com/DomainKing/status/865576328048893953

 

Whistles

That's simply an insane price

 

Holy!

 

Awesome, more reasons to hold on to the premiums for the long run!

 

I am not able to count numbers !

 

Almost one billion dollars. LOL

 

Now waiting for someone to post - "I have CarsABCDEFGHIJKLMNOPQRSTUVWYZ12345678910.com. I hope I get $2M for it"

 

Wow , what a sale , who is buyer ? Chinese ?

 

This is very DECEIVING, another hoopla and Bull stuff .

CARS.com was not a domain sale, it was "BUSINESS " sale. Business that was already making 100 millions revenue a year, and they had full established company.

Please cut the crap and MENTION the facts in the article, it was a business SALE, not domain sale, All the kings and queen would love to confirm this sale, but they would not say that this is BUSINESS sale, but just report that as domain sale.

Now all the SUCKERS DONT GO and register 10,000 registrations waiting to cash. You have been clowned more than enough times now, should know.

 

That's a joke of a headline. I'm surprised at some of the people passing it around. It's not a straight domain sale.

 

Although it will be a .international or .live

 

They like to manipulate this market, so more articles can be generated and hype this small domaining market, who benefits - people who own best names, peasants are needed to hype it up.

 

That is the asset price that included name + website + established business with cash flow etc.

 

Unfortunately I cannot access DomainGang from my country, I've searched on Google and multiple sources said it's for the whole business, not only for the domain.

 

This would be a business sale, not a domain sale

 

Irresponsible reporting here...

 

Thanks for the clearification.

 

you are a lucky man

 

great domain

bs valuation

 

If we're going to use this logic, there have been much bigger domain sales. Just check the list of biggest ever company buyouts and attribute the value to that target companies domain name.

 

So ... is it fake or real?

 

Cannot access domaingang too.

 

Insert doh homer meme here lol

The company cars.com got mega huge because it was joint owned by multiple newspapers that pimped the site on their classified sections online and in print

It took 2.5 billion just to buy the outstanding shares so the present owner can have the whole company.

Now going IPO, so they will valuate it to the roof.

Cant sell the business without selling the domain too.

 

The Cars.com business was sold for 2.5 Billion dollars and the SEC filing by the company state that the domain name as an intangible asset was worth 34% to the company. So even though it's not an outright sale of the domain, the buying company agreed to the selling company's evaluation and did pay the asking price.
Now would this domain sell without the business for close to a BILLION dollars, I and many people highly doubt it. But since it was part of a business sale, I suppose they were free to put any price they liked on it within the accepted accounting guidelines. It could be for tax purposes, for making a buzz, or whatever reason. But they indeed evaluated it and sold it at 872M.