sales Shop.app sells for $200,000 at Sedo

[Bob Hawkes]

I just browsed the NameBio new sales newly posted, and was surprised to see that shop.app had sold for $200,000! https://namebio.com/shop.app

Before posting this, I went and checked Sedo's @Dave Evanson Twitter feed, and indeed he had announced the sale an hour or so earlier. The broker at Sedo was Yiming Yang.

As far as I know, it has not yet been released who the buyer is. If anyone knows more details, please add them in the comments.

The previous high sale of an .app domain name, at least NameBio listed, was the $91,000 sale of ZB.app followed by the $30,000 sale of support.app.

Here is a link to all the .app sales listed on NameBio.

This becomes the highest-value new extension sale in 2020, the previous high being $125,000 for live.chat.

Bob

 

[Welliton]

thanks Bob!!!

 

[Sutruk]

Thanks for reporting the sale, Bob! And thanks to Sedo for reporting this big one!
Good news for people having .app!

 

[Internet.Domains]

Strange how it happens right as renewals are coming....hahaha.........but, this is good news for people who are holding on to some good .app's.

 

[alcy]

not familiar with .app
does this mean he paid extra to reg this prem keyword?
how about premium renewal too? what price range to expect for such regs or renewal on prem .app?

this is great sale. maybe the lucky seller is member of namepros

show yerself! so ye can be flooded with congratulations
heheh.

really now.. life changing amount... unless seller bought it for big money... this is why I can never understand people posting sales on say np sales thread and not indicating paid price or paid range.. so rest of us may know the true value of that sale. which boils down to one thing in the end... ROI

 

[satsdifference.com]

wawzers, go NTLDS!

 

[lock]

Exciting but I haven't got one i remember thinking i would come back to a few later missing them dot app. What about shop as keyword in other extensions helped up the price.

 

[MadAboutDomains]

does this mean he paid extra to reg this prem keyword?
how about premium renewal too? what price range to expect for such regs or renewal on prem .app?

The renewal price for shop.app is approx £1,683.01 GBP per year which is approx $2,053.10 USD.

 

[satsdifference.com]

I had noticed that there were alot of generics available in .app relatively.. (but was a dot com is king guy attitude) I fathom even with thousands of extensions that had arrived & had felt discouraged earlier - it could only get better.. expedite + while widely still availables

- risk/benefit
- renewal costs
- I once had 700 dot mobis 2007 ha

 

[Bob Hawkes]

This becomes the 8th highest new gTLD sale of all time, at least of those listed on NameBio.

Last year only one NameBio-listed 6-figure new extension sale, already two in early 2020. Although overall the year in early stage is looking somewhere not as good as 2018 but better than 2019 in new extensions, although still early part of year.

If we look at the 2020 so far sales in all extensions, this becomes the 6th highest-value sale on NameBio.

If we look at the top 20 NameBio-listed sales so far in 2020, here is breakdown by TLD.

• 14 com
• 3 country code
• 2 new extensions
• 1 org

Bob

 

[FolioTeam]

Thanks for sharing. I actually like .app. I own about 2 or 3 of them.

 

[Grego85]

HUGE SALE!!

I don't have any .app domains (yet)

But I do have shop.network as part of a .network streaming/media package.

 

[Bob Hawkes]

Yes no doubt shop is a huge keyword (it sold for $3.5 million in .com).

Even in new gTLDs, some big sales in the word including $33,500 in .nyc and $25,000 in .link in late 2017.

I think these sales show that the right word with a matching TLD can lead to a big payday for either a domainer or a registry.

I agree with @Grego85 that this is big for .app in particular and new extensions in general.

Bob

 

[smokethis]

.app holders will be happy now :]

 

[.NJ]

I would venture to say at least 50% of all the "big" ngtld sales are complete bull$hit.

Its basically money flowing back and forth between friends in the same niche hoping to incite newbies to buy more ngtld's.

Nothing new here....

 

[Pay.My.id]

Thanks Bob, sometime we make a priority to choose .com as main option than other , then forget awesome name in nGtlds, then lose many domain .com on our portfolio. Whether .COM or not , if we believe that we could make a some profit ,Take It.

 

[Bob Hawkes]

In case you missed it in the other thread, the buyer has been disclosed by @illumy via Whois for this domain name.

It is the Canadian-headquartered international company Shopify, they have over 5000 employees and more than $1.9 billion in sales in the most recent annual financial report. Although over a decade old, they have been growing rapidly lately, partly through numerous acquisitions.

As far as I know the company has not issued an official statement on the acquisition or plans for the domain name yet. Andrew at DomainNameWire had earlier speculated in a blog post that Shopify might be the buyer. Turns out he was right!

Bob

 

[Wesley S]

wow, awesome sale, ty Bob.

 

[Charizard]

I believe this nTLD has a strong potential due to the fact it is sponsored by Google.

 

[EmpireNames.com]

I would venture to say at least 50% of all the "big" ngtld sales are complete bull$hit.

Its basically money flowing back and forth between friends in the same niche hoping to incite newbies to buy more ngtld's.

Nothing new here....

fyi whois is changed to Shopify so its not bull$hit sale

Also remember there is only one way to success ( hardwork )