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CNBC.com: Covers New gTLD’s: 1and1 Says New gTLD Account For 15% of Their New Biz

Posted on the 18 May 2015 by Worldwide @thedomains
CNBC.com: Covers New gTLD’s: 1and1 says New gTLD Account For 15% of Their New Biz

CNBC.com just covered the new gTLD roll out once again in a story entitled “Dot-com to .pizza: Welcome to the Web domain Rush” with a subtitle of  “The Internet’s long-restricted virtual real estate market is open for business.”

The most interest part of the story comes from 1and1.com which says “new gTLDs already account for about 15% of 1and1’s new business”  “It’s lucrative, too, with the new TLDs selling for about $40 a year on average, more than double the typical .com addresses.”

Bhavin Turakhia, founder and CEO of Radix, is quoted as well in the story

On the negative side the author quotes Thomas Keller, 1and1.com “Head of Domains to say: “Companies finally have options and aren’t forced to pay ridiculous prices to domain hoarders.”
“It puts an end to the scarcity of the dot-com names, It will have a huge influence over time.”

1and1.com is owned by the same parent company of Sedo.com so I’m not sure its in their best interest to tell the world its ridiculous  to pay domain hoarders for existing domains.


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