High Profile Sales
Cars.com
The most expensive domain name ever sold has come to light at $872 million. Yes, you read that right. Cars.com was valued at $872 million (Godaddy has gotten this number from reading the SEC filing, courtesy of the parent company, Gannet Co., Inc.).
LasVegas.com
The LasVegas.com domain name was sold for $90 million (to be paid out over a few years), barring any termination of the agreement from the buying party. The agreement was made in 2005 between VEGAS.com, LLC, who is the company buying the domain name, and Stephens Media. VEGAS.com LLC is a destination-specific online travel agency that was founded in 1998. It’s headquartered in Las Vegas, Nevada.
CarInsurance.com
In 2010, QuinStreet purchased carinsurance.com for $49.7 million. QuinStreet is a publicly traded marketing company based in Foster City, California. Prior to owning carinsurnace.com, QuinStreet had already purchased other domain names in the insurance space. In 2009, QuinStreet had purchased the domain name and website for insure.com for $16 million and in 2010, had bought insurance.com (along with other associated assets) for $35.6 million.
