Yahoo Sells Expensive contests.com Domain

Yahoo is apparently unloading some expensive domains that it owns — possibly to raise cash during the current economic doldrums. Contests.com, a Yahoo-owned domain, sold at an aftermarket.com domain name auction in Washington, D.C. for $320,000. Yahoo must own thousands of high-value domains. It will be interesting to see if more come on the market or if Yahoo finds a way to mask its seller identity during future sales. Search Engine Journal and TechCrunch are running stories about it.

Written by admin on June 18th, 2009 with no comments.
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