Tag: business

Pharmacy.com Shooting For Business.com Money

A domain selling for hundreds of millions of dollars gets people’s attention. The sale of Business.com for $350 million most likely sent domainers into their files to see what they had available, if it’s going to be that kind of party. The sale has the owner(s) of pharmacy.com pretty excited, and the site is officially up for sale.

The sale of pharmacy.com is being brokered by FairWinds Partners, who inform us that this will be a private sale, rather than an auction, and that potential buyers like Walgreen’s and even Mark Cuban have been invited to bid.

FairWinds cites several recent multimillion dollar acquisitions, including wine.com, perfume.com, and diamonds.com. But as might be imagined, business.com was the icing on the cake, a web address FairWinds calls "less intuitive" for doing business.

And hence, as you might expect from one selling, that means its way more valuable. Is it a billion-dollar domain? They didn’t talk about targets, but they are touting  $12 billion annual market for online pharmaceutical, health and beauty products. That, and the conversion rates among users that type addresses directly into the web-browser. 

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