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Icann sells .web domain for record USD 135 mln
2016-07-29 15:34:00| Telecompaper Headlines
(Telecompaper) The .web domain has sold for a record USD 135 million in an auction by Icann. A company called Nu Dot Co won the auction and can now offer firms the chance to own a domain ending .web. The figure is three times as much as was paid for the previous record holder, .shop, which went for USD 41.5 million, the BBC reports. Losing bidders for the domain included Google and net registry firms Afilias, Radix and Donuts. It was not known who is behind the company Nu Dot Co, but it faced pressure to be excluded from the auction by the other bidders.
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Category:Telecommunications