It looks like Epik has acquired Undeveloped.com, a blog post on Undeveloped.com said the following:
Undeveloped has joined Epik.com!
Today we are very pleased to announce that Undeveloped is joining forces with Epik.com, a US based full-service registrar! Undeveloped will operate as a wholly owned subsidiary of the Epik Holdings Inc group of companies executing on its existing roadmap with the current management team.
We started about three years ago giving it a shot at changing an industry that had turned fragmented, inefficient and let’s just put it out there painfull to deal with. Today, we feel we have gotten pretty close to introducing a breath of fresh air in the secondary market. The moment you get kudos from domain buyers on a regular basis that they actually enjoyed acquiring a name from a random seller on your marketplace, you know you’re on the right path ;). Having said that I cannot emphasise this more: this is just the beginning of Undeveloped‘s future and global expansion.
Undeveloped and Epik share the desire to deliver customer-focused solutions while also building a great team and company culture. Both Undeveloped and Epik are heavily customer-centric. As you’ve noticed in the past years, we always put our customers first and treat our users as our partners. We keep pushing the boundaries, iterating and looking for new directions to deliver more value to you and your buyers. Early in our company’s life, we realised that our road to success would be for us to become an enabler. Domain sellers are entrepreneurs that run a business, be it full time or part time. Undeveloped’s core position is to enable you to become more successful. That’s the only way we can succeed and change the way you run your domain business. Epik shares the exact same values. By joining Epik we feel we can do so much more for you and that’s been a very important motivation for us to join forces with Epik.
We’ve already started integrating Epik’s core technology directly at Undeveloped to create a more full-service marketplace and go beyond just accommodating buying and selling domains. Starting today, Epik users can sign-in at Undeveloped with their Epik credentials. We’ll even allow Epik users to import their domains with a single click of the button!
But that’s just the tip of the iceberg. Here’s wat you can expect from us in the coming time:
- Deep integration between both Undeveloped’s marketplace at Epik as Epik’s registrar at undeveloped.
- Full-service domain registration, management and monetization suite.
- Special commission rates and domain transfer/renewal rates for Undeveloped & Epik customers.
- Instant and more secure escrow.
- New auction concept that’s being developed as we speak.
- Fully automated domain renting & leasing options.
- A more developed brand marketplace. We’ll help you put together complete digital brand packages and assist you with selling them.
Besides the above items, we’re now part of a bigger, stronger and smarter team. We can ship more improvements and make vertical integrations with other parties in the industry to activate more distribution channels.
We’re looking forward bringing more value to you, our users, for the coming time. This amazing milestone wouldn’t have been possible without your support. We thank you for that!
With warm regards,
Reza Sardeha on behalf of Team Undeveloped
Love a company with vision, drive, and a desire to take things to a new level. The industry needs this.
IKR 🙂
Great news, love both companies as customer and i have visited the Undeveloped office in Europe, they are friendly and experienced guys, Epik.com is growing globally ! Congrats . Naim.
Congratulations to both Epik and Undeveloped, and this sounds great. I was not familiar with Undeveloped before but based on my experience with Epik I can hardly wait to check it out. And this, “New auction concept that’s being developed as we speak” is something I’ve been “brooding” upon literally within hours of reading this. There is such a stalled state of affairs in that sphere of things and such a huge vacuum in the industry in terms of having a no-nonsense approach to real auction access that I’d love to see something solid and useful fill the void.
Looks like a good fit for both.
What a piece of bombshell news related to Undeveloped.com to add to this now:
“Bidders Brace For Earth-Shaking Auction as Wallstreet.com, the Domain Name at Financial World’s Epicenter, Goes On The Block.”
http : // finance . yahoo . com/news/bidders-brace-earth-shaking-auction-140700861.html