Sedo to Host Online Auction Focusing on Geodomains.
2008-02-07, HostMan.biz
Sedo, the leading online marketplace for the buying and selling of domain names, will host an online auction of sought after global and travel-related domain names starting February 13. The “Around the World in 7 Days” auction will be hosted on the Sedo website and will run from 2:00 pm EST (8 pm CET) on February 13 to approximately 2:00 pm EST (8 pm CET) on February 20.
Given the limited availability of geographical domain names on the market, Sedo has organized a focused auction on “geodomains” and other travel-related domain names to make them more attainable for buyers while offering a targeted buyer base to domain sellers. The Sedo auction will feature precious properties, including names like Arabia.com, Breaks.com, Glasgow.com, Kosovo.com, and PureVacation.com.
“The interest in geodomains is growing significantly. For instance, it is estimated that hundreds of millions of dollars in hotel sales result from visits to established and parked geodomain sites each year, so it is clear the impact that geography specific domains can have on a market,” said Tim Schumacher, chief executive officer of Sedo. “As travel-related domain names continue to rise in value, we are offering this ‘Around the World’ auction to connect buyers with domain names that are increasingly more difficult to acquire.”
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