GoDaddy (NYSE: GDDY) reported earning after the close and the stock is getting hit. Shares closed at $35.09 on the day, but in after hours the stock is down 3.4% to $34. The company did show a profit for the quarter. GoDaddy Inc. was downgraded to neutral from buy at Monness, Crespi, Hardt ahead of its third-quarter earnings report Wednesday. James Cakmak, the Monness, Crespi, Hardt analyst, … [Read more...]
Mason Zhang Joins .XYZ As Director of Business Development For Beijing XYZ’s Expansion in China
Beijing XYZ Technology Co. LTD, the Chinese business entity and registry operator of the popular .xyz domain extension, announced today that Mason Zhang has joined the company as its first employee in China. Formerly the Chief Marketing Officer of a Chinese domain registry, Zhang now oversees Beijing XYZ’s strategic partnerships, marketing campaigns, and expansion plans in China. As the most … [Read more...]
Tech Crunch Publishes a Great Story On The Domain Industry
TechCrunch.com published a great story about the money floating around in the domain industry entitled ""The silent evolution of domain names"". People in the domain space are mentioned include Rob Grant as the father of Lana Del Rey, Kevin Ham, and Thunayan K. AL-Ghanim. The story covers Godaddy's purchase of our portfolio saying they spend over $100 million in domains. The story quotes … [Read more...]
The EFF Finally Weights In On The ICANN Transition & So Do We
The Electronic Frontier Foundation (EFF.com) has finally weighted in on the ICANN transition in a story entitled "Oversight Transition Isn't Giving Away the Internet, But Won't Fix ICANN's Problems" It's probably one of the better articles I have read on the story. "Despite several weeks of heated discussion within the United States, we haven't commented much … [Read more...]
CentralNic Revenue up 100% & Gross Profit Up 19% in 1st Six Months of 2016
CentralNic Group Plc (LON:CNIC), today announced its half year results for the six months ended June 30th 2016. For the six months to June 30, the company reported £45.08mln of billings - the gross amount charged for domains before revenue sharing - which represents an 468% increase compared to the same period of 2015. CentralNic’s revenue amounted to £8.9mln, double the £4.44mln in the … [Read more...]
.Tel Which Once Had 340K Registrations Slips To Under 100K
.Tel which is not a new gTLD but gTLD that was launched in 2005, by January 2011 .Tel had around 340,000 domain registrations. By February 2014, when the new gTLD's started to launch .Tel had around 150,000 domain registrations. According to RegistarsStats.com, .Tel had a net loss of over 700 domain names yesterday bringing the total number of domain registrations to now under 100K to … [Read more...]
New gTLD .Store Winds Up With 1st day Total Of 22,682
The new gTLD .Store went into general availability (GA) yesterday by Radix, where it could be registered on a 1st come, 1st served basis. After the 1st day of GA including the 600+ registrations by trademark holders in Sunrise and those domain name registered for an extra fee in the Early Access Program, .Store wound up with 22,682 domain names. .Store which has premium registration and … [Read more...]