Elove
11-06-2007, 02:48 AM
No brakes on Cab.com sale--China Net Technology Limited
Domain name news brought to you by China Net Technology Limited
Cab.com has burst onto the rankings list for top 2007 domain name sales, tabling a six-
figure sum at a recent auction.
Selling for as much as $110,000, Cab.com was one of the top live auction sales for domain
aggregator Domain Roundtable (DRT), showing value in its product-specific appeal.
Domain name buyers have this month snapped up generic domain names at break-neck speed,
with the sale of Cab.com adding to big money DRT auction purchases Invention.com and
Rebates.com.
Fetching in excess of $100,000, the domain blasted into 63rd place on the Domain Name
Journal's year-to-date top domain name sales – nestling in amongst many highly valued
generic domain names.
Holding a product-specific web address has proved a sound strategy for many businesses
looking to establish themselves on the web, thanks to the high profile the address
inherently commands.
The buyers of Cab.com may feel that despite the high price tag, the value they have
inherited is much higher, with one blogger on DomainTools.com claiming in advance of the
auction: "I think anywhere near $110,000 is a steal. Great name."
Domain name news brought to you by China Net Technology Limited
Cab.com has burst onto the rankings list for top 2007 domain name sales, tabling a six-
figure sum at a recent auction.
Selling for as much as $110,000, Cab.com was one of the top live auction sales for domain
aggregator Domain Roundtable (DRT), showing value in its product-specific appeal.
Domain name buyers have this month snapped up generic domain names at break-neck speed,
with the sale of Cab.com adding to big money DRT auction purchases Invention.com and
Rebates.com.
Fetching in excess of $100,000, the domain blasted into 63rd place on the Domain Name
Journal's year-to-date top domain name sales – nestling in amongst many highly valued
generic domain names.
Holding a product-specific web address has proved a sound strategy for many businesses
looking to establish themselves on the web, thanks to the high profile the address
inherently commands.
The buyers of Cab.com may feel that despite the high price tag, the value they have
inherited is much higher, with one blogger on DomainTools.com claiming in advance of the
auction: "I think anywhere near $110,000 is a steal. Great name."