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Translate.com sold for $853,000

Labeled as opinion in Domain Industry News started by Rinkuji, Nov 28, 2018.

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  1. Rinkuji

    Rinkuji Active Member VIP

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    Translate.com today sold for $853,000 on Flippa.

    Many of you might be already use this website as well mistakenly land there when you want to check Google translate. :xf.wink:

    Is that nice sale according to dictionary / visitors / profit or should get more / less .. What you think?

    upload_2018-11-29_1-2-51.png
     
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  2. ecomslice

    ecomslice Established Member

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    I think its a great deal, I dream of some way to slowly do a SEO migration to an alternate domain, then list the domain for 500k , lol.

    but truth is , maybe the seller seen a down trend in income from everyone going mobile devices over PC. and sold at the right time.. who knows. im too new to know
     
  3. Bohdan

    Bohdan Established Member

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  4. Makise

    Makise Girl, who likes Anime VIP

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    Worst website engine. Works at Bing Translate. Uh!

    $853 000 USD its normal price for that domain.
     
  5. NYJimbo

    NYJimbo Domain Re-Animator Gold Account

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    I've used google to translate a thousand times and never went to translate.com
     
  6. Bohdan

    Bohdan Established Member

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    This service was designed for another purpose. Consider, you have some kind of international business or media portal and you want to increase the count of your world-wide visitors. So you could use this service for translating your content. They use ML as the first iteration and then native speakers correct automatically translated content.
     
  7. Coinking

    Coinking Weedimo.com

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  8. nametrekker

    nametrekker Established Member ★★★★★★★★★★

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  9. Josytal

    Josytal Active Member VIP

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    Nice domain. Fair price. Congrats to everyone.
    Just wondering how the new owner plans to compete with google translate?
     
  10. nametrekker

    nametrekker Established Member ★★★★★★★★★★

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    The site is set up for scheduling human translation in real-time. Database of translators. Machine translation is fine for casual translations and non-professional documents --- not medical, legal, high stakes biz translations
    Its closer competitors would be Unbabel.com, Lionsbridge, the Chinese company Stepes (CSoft)
    For me, I prefer Ruby - Python to PHP -- but PHP is OK.
    The real value is in the domain, database and customer list -- I'd just take the data and create an app with a user-friendly interface -- medical emergency in France, e.g.? etc
     
  11. Rinkuji

    Rinkuji Active Member VIP

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    May be Google is the buyer .. :xf.wink:
     
  12. YairDD

    YairDD Established Member

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    They sold it too cheap imo.

    Only the domain itself worth around the sale price. and the website is known and generates almost $30k revenue a month...
    I would say $1.5m is what it's worth.
     
  13. .X.

    .X. NameFeature.com Gold Account VIP ★★★★★★★★★★

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    I can't even begin a valuation on it as a business, It has been a site for 4 years, In business as a site for how long? if it was in business in the last 4 years, what was the revenue per year? how much money did the owner make after expenses per year? why did the site business take 3 years and 3 months to escalate earnings? too many question marks would have to be answered and confirmed to actually give the business a fair valuation.IMO

    On the $400K in 9 months, The domain name Translate.com they may have overpaid just a bit on the estimation of the value of the business and domain name together, If I look at the 400K it has made in made in 9 months + estimation it can continue to make that same revenue + 453K for the domain name, I can come up with exact figure it sold for, But those figures would be based on speculation of income from the business minus the domain name.

    Bring in the level of competition = negative - Google loves and dominates these areas when they like, maps, earth, translation, they love it. A multibillion-dollar company as well, that is simply one competitor. to mention Rosetta Stone as well.

    I think it is a high-risk investment IMO, The domain name is great, I don't believe the name alone would sell for more than $450K though IMO. so escalation must happen quickly, marketing, design, script, branding, as the site is, it is much like a framed up house without walls, paint, countertops, flooring airconditioning and heating, It has good bones but needs finish out IMO. All that cost will reduce profit and devalue the business for a two year period, that if after all is done, the business is able to generate 1.4M the first year will it come out equal, just my thoughts
     
    Last edited: Nov 29, 2018
  14. Recons.Com

    Recons.Com Active Member VIP

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    This site has been Alexa 20K for some time. That probably means over 1 million unique visitors. That alone should be worth around $1MM.
     
  15. .X.

    .X. NameFeature.com Gold Account VIP ★★★★★★★★★★

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    How? Based on Alexa rank? Alexa rank doesn't match the bank If they are pulling 1 million visitors, and their income is 400K in 9 months, they are giving away to much sh*t and returns are way short. I wouldn't think a high bounce rate, but it's possible. But with no income reported for 3.3 years prior, who knows i guess.
     
  16. Recons.Com

    Recons.Com Active Member VIP

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    The point is there are many who can monetize 12MM visitors year to generate enough cash to justify $1MM investment.

    Let's say you average 10 pages per visitor per year, that is 120MM pages and if you manage to make $1-5/1000 page views, that is $120K to 600K/year.
     
  17. MadAboutDomains

    MadAboutDomains Active Member VIP ★★★★★★★★★★

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    Companies don't.
     
  18. topdom

    topdom Established Member

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    Because of artificial intelligence this domain may be worth more in the future. Current value domain only, around 1M makes sense.

    We need to make top domain sales appear in the mainstream media. Otherwise people don't even want to pay over 100 for a 4-5 figure worth domain.
     
  19. Windoms

    Windoms Established Member

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    Freelance professional translation is huge.
    Companies use that service a lot.
    They either hire freelancers, or a translation company that hires freelancers.
    They translate legal, medical, personal documents, books, websites, anything.
    Its huge.
     
  20. venturefile.com

    venturefile.com Active Member PRO Gold Account VIP

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    I think that the price was on the cheap side for the domain + business. In my opinion anything below $1M was a great price to pay here. Congrats to the buyer!
     
  21. Rinkuji

    Rinkuji Active Member VIP

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    I also use Google. But as I said sometime I type "Translate" in address bar and forget to "enter" and type .com :xf.rolleyes:
     
  22. nametrekker

    nametrekker Established Member ★★★★★★★★★★

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    Yes - even Google hires an outside firm for translation services, as do most companies -- professional translators with subject matter expertise (legal, medical, tech, etc)
     
  23. nametrekker

    nametrekker Established Member ★★★★★★★★★★

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    I agree -- you could have probably raised a 2 million USD Series A round with the domain and site alone at a 10 million USD valuation.
    The site needs to be reworked, But there's enough data there to build a native app.
    The domain itself will keep rising -- the human translation market is enormous.
     
  24. Jv1999

    Jv1999 New Adventures: Squire of the Exo-Tower VIP

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    All i know is, Flippa probably made a mess in their pants when that commission came in ;)

    not sure how many almost-million-dollar sails they close... lol this is the first one i've heard of tbh.

    also, i've never ever visited translate.com....
     
  25. Windoms

    Windoms Established Member

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    Google, companies, governments, any field. English, spanish, italian, portuguese, dutch, russian, thai, malay, anywhere in the world, the list goes on and on. Fast and accurate translation is critical to everyday business. Companies can't afford to do it themselves and everything needs to be formal and accurate so they must rely on companies that offer professional translation services.

    Multi billion $/year business. No big company owns the market. The biggest company is transperfect 90 cities worldwide 600million$/year revenue which represents only 2% market share. Many companies with revenues in the hundreds of millions. The problem is trust needs to be built so companies cant send all kinds of documents to one mainstream online translation website, cant happen. Upwork has a lot of translation jobs, but its small jobs. Large companies dont deal with upwork.

    The domain alone is worth the million.
     
    Last edited: Nov 29, 2018

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