Sedo.com - Official Thread

[Sedo]

Hi All! :hi:

By request, we've decided to start a thread dedicated to Sedo. We're looking for invaluable insight into what domainers want and need out of our parking program (and marketplace, of course).

Questions, comments, suggestions, tips are welcome! We're hoping this will be a great discussion about what works at Sedo and what might not (please be constructive and respectful to others in your feedback) so that everyone involved can benefit and learn from it.

Looking forward to hearing your thoughts and ideas! Happy Holidays!

Always,
Keith
(on behalf of Sedo)

 

[pb]

Unfortunately it's "normal", not just on sedo, for people to bid just under the reserve price.

 

[VadimK]

Sedo is definitely going under. No sales (well, that's kinda ''normal'' already), but no clicks and not even any views this month (same portfolio, no changes from my side)
My bet is that 1 to 6 months it will either shut down or sell itself.

 

[Future Sensors]

"After accounting for Sedo as a discontinued operation in accordance with IFRS 5 as of September 30, 2025"

https://www.united-internet.de/fileadmin/user_upload/United_Internet_Q3_2025_e.pdf

https://en.wikipedia.org/wiki/IFRS_5

IFRS 5 refers to the International Financial Reporting Standards relating to non-current assets held for sale and discontinued operations.

If a non-current asset is 'held for sale', the economic benefit of that asset is obtained through the asset's sale rather than through its continuous use in the business (future economic benefit). Such assets cease to be depreciated as they are no longer being consumed by the business. Moreover, an asset held for sale is valued at the lower of either:

• the asset's carrying cost; or
• the asset's fair value less the cost of selling this asset.

 

[Future Sensors]

"After accounting for Sedo as a discontinued operation in accordance with IFRS 5 as of September 30, 2025"

 

[NicTraders]

"After accounting for Sedo as a discontinued operation in accordance with IFRS 5 as of September 30, 2025"

https://www.united-internet.de/fileadmin/user_upload/United_Internet_Q3_2025_e.pdf

https://en.wikipedia.org/wiki/IFRS_5

IFRS 5 refers to the International Financial Reporting Standards relating to non-current assets held for sale and discontinued operations.

If a non-current asset is 'held for sale', the economic benefit of that asset is obtained through the asset's sale rather than through its continuous use in the business (future economic benefit). Such assets cease to be depreciated as they are no longer being consumed by the business. Moreover, an asset held for sale is valued at the lower of either:

• the asset's carrying cost; or
• the asset's fair value less the cost of selling this asset.

Yep, from memory they already stated it's being prep'd for sale, so it's not an if but a when. To my mind, the value would be decreasing by the day, so you'd really think they'd be trying to get this done ASAP.

 

[Future Sensors]

I'll pick it up at closeout.

 

[Future Sensors]

Seriously though, which Sedo assets represent the most value?

 

[NicTraders]

Seriously though, which Sedo assets represent the most value?

I think I'd argue that you already picked it - the domain itself. lol
Truthfully though, that might be short-selling things a bit. Obviously it has network effect. It's been around for a very long time, is a known brand in the industry, it's apparently still popular in Europe and it has some functional systems as a Marketplace. It would be an easy way to buy eyeballs. Yes, it needs some work, but if someone came in and updated the tech, it could be a decent competitor to AN and Atom. BUT, you'd have to get it for the right price. That could be the most significant issue. I wonder what the carrying value is?

 

[Future Sensors]

Will have our M&A team look at it.

 

[NicTraders]

Will have our M&A team look at it.

You'll probably have to compete with Stoneright for it. There are a bunch of 'core' names there and 'he' strikes me as the sort of operator who would just buy the whole platform. That's an anchor if ever there was one.
I'm sure the 'team' is looking into it as we speak.

 

[boker]

Seriously though, which Sedo assets represent the most value?

Sedo has lot"s of issues, but still has a few advantages, like cctlds market, mainly european; old listings of valuable domains, from 10-20 years ago,; buyers from the last 2 decades that bought through sedoal and now use sedo for new acquisitions ( I had a few buyers, who wanted to use only sedo, like the head of python); also, lot's of european buyers they go to sedo first. Dynadot or spaceship buying sedo will change the competition.

 

[Future Sensors]

My bet is that 1 to 6 months it will either shut down or sell itself.

This means CamelCaps is no longer expected to arrive on sales lander #15.

 

[Domainchick.de]

Sedo has lot"s of issues, but still has a few advantages, like cctlds market, mainly european; old listings of valuable domains, from 10-20 years ago,; buyers from the last 2 decades that bought through sedoal and now use sedo for new acquisitions ( I had a few buyers, who wanted to use only sedo, like the head of python); also, lot's of european buyers they go to sedo first. Dynadot or spaceship buying sedo will change the competition.

Perhaps the former operators of Dan.com could take over Sedo. That would be a real banger and an absolute Gamechanger. They certainly have enough money for it and it would stay in Europe

 

[boker]

Perhaps the former operators of Dan.com could take over Sedo. That would be a real banger and an absolute Gamechanger. They certainly have enough money for it and it would stay in Europe

I don't think that they have enough. If I'm not making a mistake, they sold dan for 75 millions and I think that 1&1 had values sedo at over 100...again, I could be wrong. Also, if I remember well, Reza has invested at least some of them in some kind a new thing and I'm not sure that it's going well.

 

[VadimK]

This means CamelCaps is no longer expected to arrive on sales lander #15.

That would indeed be such a powerful move! That alone would blow the competitors away!

But I think in the end, they focused more on a new cutting-edge technology called ''basic lander customization''. Rumors are that it will be ready any time between 2030 and 2035. Sedo simply believes that before then, the market won't be ready to accept such a mind-blowing innovation.

 

[Name2go]

What do you think about this:

One of my domains sold on Sedo, the buyer paid, I unlocked the domain and submitted the authorization code.
A day later, I received a message from Sedo stating that the transfer would only proceed if I completed my KYC with Adyen.
Adyen is the financial service provider that suddenly appeared two or three years ago to verify the payout account. This verification is required either by logging into your bank account in the Adyen app (!) or by submitting a complete bank statement.
I refused then, and I still refuse now. For years, payments went smoothly between my bank account and Sedo; suddenly, something needed to be verified. Since then, Sedo payments have been made via PayPal.

Three things bother me:
- A self-imposed, additional bureaucratic requirement that isn't based on applicable law afaik and blatantly disregards data privacy.
- This account verification has nothing to do with KYC. KYC verifies the identity of individuals, which is completed.
- Does Sedo receive a commission from Adyen for disclosing customer bank details?

I've reached my limit. And what will the domain buyer say if the sale is canceled?

 

[fka1080405]

A day later, I received a message from Sedo stating that the transfer would only proceed if I completed my KYC with Adyen. [...] Does Sedo receive a commission from Adyen for disclosing customer bank details?

No. Sedo pay Adyen for the privilege. Adyen is (amongst other things) a payout provider, i.e: Sedo pay Adyen to pay you. Adyen handle all of the various compliance requirements on behalf of Sedo. Depending on your location and the amount of money involved, the compliance requirements vary. Sedo do not gain any access to your bank account, rather, this is Adyen ensuring that you are a real person that they can pay out to legally. Any KYC you have done with Sedo does not carry across the Adyen, as Adyen would not want to take on the risk of Sedo having not done their KYC correctly.

You do not need to be concerned about verifying your identity with Adyen. That said, you can minimize the risk by using a dedicated bank account just for this purpose. For example, if you're in Europe, open an account with Revolut (takes a few seconds in their app) and then provide those details to Adyen. Multiple bank accounts for varying purposes is very normal

 

[Jannes]

"Once the transition is complete towards the end of the year, the payouts will be handled by our partner Adyen"
(emphasis mine, because in typical incompetent fashion Sedo omits the publication date and makes the reader guess the year)

https://sedo.com/us/verify-now/

 

[Name2go]

Thanks for the introduction @fka1080405. It's good that there are innovative service providers like Adyen. From a geopolitical perspective, it's encouraging that Europe is competitive in Fintech.

In my specific case, I was denied the privilege of continued receipt of payments to my old German bank account. If the reason were security and protection against fraud, Sedo would have to explain what advantage PayPal, to which I was downgraded, offers in this regard. Recently, German banks blocked PayPal payments for days due to suspected money laundering. And no, those weren't my Sedo payments.

Now, the communicative masterstroke of blackmailing by blocking a domain sale—Sedo's core business—unless I go through Adyen. What's the point? Is the company trying to make itself look good for an upcoming sale and boast about its number of Adyen customers?

For example, if you're in Europe, open an account with Revolut (takes a few seconds in their app) and then provide those details to Adyen.

Good idea, I´ve heard good things about Revolut und recently received instant payment and instant smartphone payment message via Revolut in a private domain sale.

However: one account more to manage, another KYC to be done. I cannot see any advantage for my Sedo payments and for the security of these processes. Except for finally being an Adyen customer.

 

[cooljub]

One of my domains sold on Sedo, the buyer paid, I unlocked the domain and submitted the authorization code.
A day later, I received a message from Sedo stating that the transfer would only proceed if I completed my KYC with Adyen.

blocking a domain sale—Sedo's core business—unless I go through Adyen.

one account more to manage, another KYC to be done. I cannot see any advantage for my Sedo payments and for the security of these processes. Except for finally being an Adyen customer.

I'm presuming this would also apply to their external transfer service?