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Cars.com is the largest domain sale in history

Discussion in 'Domain Industry News' started by lennco, May 19, 2017 at 10:51 AM.

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  1. lennco

    lennco Top Member VIP ★★★★★★★★★★

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    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. anantj

    anantj Active Member VIP

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    Whistles

    That's simply an insane price
     
  3. Constantin S

    Constantin S VR/AR Addict VIP

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  4. URLU

    URLU Your Brand . Your Domain PRO Business Account VIP

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

    Isac Shoutscoop.com Business Account

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  6. hookbox

    hookbox Active Member VIP

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  7. vinodnair

    vinodnair Established Member

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    Now waiting for someone to post - "I have CarsABCDEFGHIJKLMNOPQRSTUVWYZ12345678910.com. I hope I get $2M for it":xf.laugh::ROFL:
     
    Last edited: May 19, 2017 at 11:34 AM
  8. SellDomains.site

    SellDomains.site BUYCO.NET Business Account

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    Wow , what a sale , who is buyer ? Chinese ?
     
  9. Domainscoop.com

    Domainscoop.com Established Member

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    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.
     
    Last edited: May 19, 2017 at 11:33 AM
  10. JB Lions

    JB Lions Business Member Business Account VIP

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    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.
     
  11. Casey L.

    Casey L. Active Member VIP

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    Although it will be a .international or .live
     
  12. Domainscoop.com

    Domainscoop.com Established Member

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    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.
     
  13. Recons.Com

    Recons.Com Business Member Business Account VIP

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

    Constantin S VR/AR Addict VIP

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    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.
     
  15. gilescoley

    gilescoley Top Member PRO VIP

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    This would be a business sale, not a domain sale
     
  16. Keith

    Keith Top Member VIP ★★★★★★★★★★

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  17. keston57

    keston57 Established Member

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  18. Sinh

    Sinh Business Member Business Account VIP

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  19. Rhythm8

    Rhythm8 Established Member

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    you are a lucky man
     
  20. Rhythm8

    Rhythm8 Established Member

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  21. EmotiveDomains

    EmotiveDomains Established Member

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    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.
     
  22. Premiums

    Premiums Established Member

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    So ... is it fake or real?
     
  23. barefooted

    barefooted Established Member

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    Cannot access domaingang too.
     
  24. johname

    johname Take that to LaBANC VIP ★★★★★★★★★★

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    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.
     
  25. JoeE

    JoeE Active Member VIP

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    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.
     

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