news Breaking: Squarespace buys Google Domains for $180 million

[HelmutsHelmuts is verified member.]

Website building platform Squarespace (NYSE: SQSP) announced that it’s buying Google Domains, Google’s domain name registrar. The purchase price is $180 million, and JPMorgan Chase Bank is providing financing for part of the purchase.

more: https://domainnamewire.com/2023/06/15/squarespace-buys-google-domains-for-180-million/

 

[Deleted member 4749]

Another failed venture by abc.xyz

 

[accurate]

10+ million domains under management is hardly a failure lol.

 

[JohnnJohnn is verified member.]

Bought this stock a couple of weeks ago and sold this morning. Waiting for the earnings before buy it again.

 

[Deleted member 4749]

10+ million domains under management is hardly a failure lol.

$180M exit. How much did they invest in it? I guess in billions.