Dot SHOP Sells for $41.5 Million

Posted on

  • email
  • twitter
  • facebook
  • share this

share this


Japanese domain name company GMO Registry will control the .SHOP top level domain name. 

An auction for the rights to the new TLD finished this week with a whopping price of $41.5 million. GMO's bid for the hotly contested top-level domain beat out several others including Amazon and Google.

GMO says .shop will be an open, unrestricted namespace however the company is forbidding speculation and trading of domains under the TLD. "Registration of a .SHOP domain name solely for the purpose of selling, exchanging, trading, leasing the domain name shall be deemed as inappropriate use or intent."

ICANN has reportedly collected over $100 million from new top level domain name auctions. 


 SUBSCRIBE to Website Magazine & Accelerate 'Net Success


Filed under: ,
 

Login To Comment


Become a Member

Not already a part of our community? Sign up to participate in the discussion. It's free and quick.

Sign Up

1 comment

NarsiK 02-02-2016 12:41 AM

When will .shop be launched?

Add to the discussion!

999 E Touhy Ave
Des Plaines, IL 60018

Toll Free: 1.800.817.1518
International: 1.773.628.2779
Fax: 1.773.272.0920
Email: info@websitemagazine.com

Facebook


Twitter