"7" Figure Sale

Admin · #1 06-01-12, 11:51 AM

I was reading about the sale of DUDU.com on SEDO for a cool $1 Million.

The story is here on "The Domains": http://www.thedomains.com/2012/01/05...ow-your-buyer/

Some excerpts:

Quote:

DUDU is a popular social network which uses unique translation technology to allow its users from around the world to communicate with each other in their native languages.

The network is currently located at godudu.com, and the company decided that investing in a shorter, more memorable name would benefit their business’ growth.

Quote:

Yes this is the only person/company that would have paid $1 Million dollars for this domain, but so what.

James · #2 06-01-12, 12:11 PM

Nice one lets some some of the pronounceable LLLL.com's I have are picked up by Dubai Money hehe =)

spacey · #3 06-01-12, 12:22 PM

I wonder if anyone here has jumped into the 'LLLL' .com/au market ??

I have one repeating A domain but that's about it

johno69 · #4 06-01-12, 12:37 PM

Quote:

Originally Posted by Admin

a cool $1 Million.

7 Figures

snoopy · #5 06-01-12, 02:10 PM

I can just imagine the board meeting,

What should we name this company?
How about "DUDU"?
Ok, is dudu.com available?
Not sure. The website can be godudu.com though.
Ok, good idea, register godudu.com and get Britney Spears to sing at the DUDU launch party.
What does she charge.
I don't know but offer her 1million United States dollars.

.......2 weeks later

I was speaking to a friend who knows a lot about the Internet.
Yes
He said that the web address of Dudu should match the name of the site
Really??!!
Yes, he said if the site is called DUDU, the web address should be DUDU.com rather than GODUDU.com.
Ok, We must buy DUDU.com!
How much should we offer?
How about $10 million United States dollars!
Maybe we can get it for even less!
Yes! Offer $1million United States dollars!
Great, we've made a wise decision here

spacey · #6 06-01-12, 05:26 PM

Quote:

Originally Posted by snoopy

I can just imagine the board meeting,

What should we name this company?
How about "DUDU"?
Ok, is dudu.com available?
Not sure. The website can be godudu.com though.
Ok, good idea, register godudu.com and get Britney Spears to sing at the DUDU launch party.
What does she charge.
I don't know but offer her 1million United States dollars.

.......2 weeks later

I was speaking to a friend who knows a lot about the Internet.
Yes
He said that the web address of Dudu should match the name of the site
Really??!!
Yes, he said if the site is called DUDU, the web address should be DUDU.com rather than GODUDU.com.
Ok, We must buy DUDU.com!
How much should we offer?
How about $10 million United States dollars!
Maybe we can get it for even less!
Yes! Offer $1million United States dollars!
Great, we've made a wise decision here

Do you think that's what happened with Hba .....oops Bupa

Jonathan Bahr · #7 06-01-12, 09:15 PM

BUPA is an acronym spacey.. I use to work there. Snoopy is probably spot on (as usual).

aus11 · #8 06-01-12, 10:49 PM

BUPA sounds like an internet start up. Not a fan of the name change personally.

snoopy · #9 07-01-12, 01:15 PM

Quote:

Originally Posted by spacey

Do you think that's what happened with Hba .....oops Bupa

No idea what their logic actually was, but it was incredibly stupid however they came to the conclusion of paying a million dollars for the name. This is the kind of company that has a slim chance of surviving long term in my view.

Shane · #10 07-01-12, 02:02 PM

Quote:

Originally Posted by spacey

Do you think that's what happened with Hba .....oops Bupa

Quote:

Originally Posted by aus11

BUPA sounds like an internet start up. Not a fan of the name change personally.

It's an acronym of British United Provident Association. They acquired HBA & MBF during the last few years.

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