Yahoo buys omg.com domain name for its entertainment business for 80,000 dollars

Source: Internet
Author: User
Keywords Domain names acquisitions Yahoo Yahoo

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ADMIN5 Webmaster Network August 11 News: According to foreign media reports, Yahoo recently to 80,000 U.S. dollars to buy the omg.com domain name, OMG is Yahoo's entertainment business.

In the past few months, Yahoo has been active in Domain name transactions. According to the domain name wire website, Yahoo has become a buyer of omg.com domain name, which cost 80,000 dollars last week to buy the domain name.

Yahoo's own entertainment business named OMG, ranked second in the United States, but there has been no independent domain name, its thunder has been tmz.com suppressed.

It is reported that Yahoo used to have a good domain name but did not do well known. In June this year, for example, Yahoo sold its contests.com for years at 380,000 dollars, and in April, Yahoo sold wp.com to WordPress's parent company Automattic.

People in the industry say Yahoo may have been eyeing omg.com for some time from the 80,000-dollar price. The price is "quite cheap" compared to the recent deals of several hot domains, such as the candy.com June trading price of $3 million, Toys.com sold to 5.1 million dollars in February.

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