Multimillion dollar sex.com up for grabs
July 2, 2010 - 9:47AM
The world's "most valuable" internet domain name, sex.com, went up for grabs on Thursday. It last sold for US$12million ($14million) in 2006, a German firm handling the sale said on Thursday.
"It happens very rarely that an Internet address of this calibre goes on sale," Cologne-based Sedo said. "(The) sale of sex.com offers the new owner a unique opportunity to became market leader."
Sedo, which said it is the world's biggest trading platform for domain names, is selling sex.com on behalf of US firm Escom after creditors filed for insolvency protection, a joint statement said.
Other domain names have also changed hands for huge sums in the past, with vodka.com selling for US$3million ($3.5million). kredit.de for 892,500 euros ($1.3 million) and poker.org for US$1 million ($1.1 million), Sedo said.
"Owners of domains like this have a clear competitive advantage. Visitors land automatically on the websites of the owners just by entering what they are looking for. The listing in search machines is also improved," it added.
AFP
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