1. Welcome to DNTrade. If you want to find out about the latest domain name industry news or talk, share, learn, buy, sell, trade or develop domain names - then you've come to the right place. It's a diverse and active community, with domain investors, web developers and online marketers - and it's free! Click here to join now.
    Dismiss Notice

Carsales.com.au Empire worth 1.8 billion

Discussion in 'Resources & Success Stories' started by enjoi, Dec 6, 2012.

  1. enjoi

    enjoi Membership: Trader

    Joined:
    Oct 20, 2008
    Messages:
    192
    Likes Received:
    10
  2. eBranding.com.au

    eBranding.com.au Membership: VIP

    Joined:
    Apr 6, 2011
    Messages:
    942
    Likes Received:
    498
    auDA Member:
    Yes
  3. DomainNames

    DomainNames Membership: Community

    Joined:
    Oct 5, 2010
    Messages:
    2,103
    Likes Received:
    465
    $1.8 Billion?????

    "The founder of carsales.com.au started as a "software guy" and now runs a company worth $1.8 billion, writes Christopher Niesche."

    Surprised they didnt write how carsales.com.au tried to get carsales.com years ago and of carsales.com.au being branded as guilty of Reverse domain name hijacking.

    CARSALES.COM / CARSALES.COM.AU http://www.wipo.int/amc/en/domains/decisions/html/2004/d2004-0047.html

    In the Panel’s view the Complainant’s ( carsales.com.au) actions must have inevitably imposed burdens and costs upon the Respondent. The Panel is also concerned that abusive complaints risk diminishing the credibility of the entire UDRP process. The Panel finds reverse domain name hijacking.

    8. Decision

    The Panel dismisses the Complaint and declines to order a transfer of the domain name <carsales.com> as requested by the Complainant. The Panel also makes a finding of reverse domain name hijacking against the Complainant.
     
  4. Shane

    Shane Membership: VIP

    Joined:
    Jul 8, 2010
    Messages:
    1,611
    Likes Received:
    710
    auDA Member:
    Yes
    I'm not surprised at all. The general public couldn't give a toss about reverse domain hijacking.

    I'm not saying it's right or wrong, it's just the way it is.
     
  5. snoopy

    snoopy Membership: VIP

    Joined:
    Jul 14, 2010
    Messages:
    4,364
    Likes Received:
    1,631
    Why would they mention that? The article has nothing to do with their domain acquisitions
     
  6. Ashman

    Ashman Membership: Trader

    Joined:
    Mar 30, 2012
    Messages:
    494
    Likes Received:
    76
    Looks like they have since acquired carsales.com

    Someone acquired in 2007 for $400,000. Was that them or did they purchase after 2007?
     
  7. DomainNames

    DomainNames Membership: Community

    Joined:
    Oct 5, 2010
    Messages:
    2,103
    Likes Received:
    465
    Hi do you have a link where is shows the $400k sale? Only carsales.com.au would pay that money.

    The carsales.com / carsales.com.au dispute was a textbook case of "reverse domain hijacking".... by pissing of the first rightful owner with a fake complaint in the end cartsales.com.au and their lawyers got a bad repuation and lost a lot more $$$ to buy it.
     
  8. Ashman

    Ashman Membership: Trader

    Joined:
    Mar 30, 2012
    Messages:
    494
    Likes Received:
    76