Sedo Sold More Than $23 Million Worth Of Domain Names Last Quarter

[Vision]

Excellent --

the adoption, mainstreaming and investment of domains continues strong --

the best is yet to come --

In its highest quarter for domain sales since 2008, Sedo has sold close to 12,000 domain names via its online marketplace in Q1 2010, accounting for more than $23 million in transactions.

Based on numbers presented in its Q1 2010 Domain Market Study, this represents an 18.6 percent increase in the number of sales compared to Q4 2009 for the AdLink company.

Sedo attributes the jump in sales to the recovering economy and an increased marketing spend, particularly among larger corporations, in addition to the recent introduction of one and two-character domains and IDN domains that use non-Roman scripts.

Read more: http://techcrunch.com/2010/05/04/sedo-domain-name-sales/#ixzz0mxIsD3BA