GoDaddy’s Domain Revenue Surpasses $900 Million in 2016

[News]

Notably, its revenue from domain names increased over 10% from 2015 to 2016 to reach $927.8 million. If it increases at the same rate in 2017, its revenue from the domains segment will top $1 billion. (Its bookings topped $1 billion in 2016.)

Both the annual and quarterly numbers were buoyed by GoDaddy’s entrance into the domain name aftermarket by purchasing domain name portfolios...

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[Reyansh Sharma]

It's nice to see that the domain industry has gotten this big.

 

[NigelD]

Yes - its good news for domain investors that GoDaddy are on the rise. Buying up big portfolios is also a great boost to the domain industry as they have a vested interest in its success, particularly in the .com market.