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Time 2020-10-18 18:03:27

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Namecheap revenue jumps 38.5% in Q3by Andrew Allemann October 16, 2020 Domain Registrars 1 CommentRevenue keeps surging ahead at Namecheap.Privately-held domain name registrar Namecheap has more to celebrate this year than just its 20th anniversary.The company saw 38.5% revenue growth in Q3 2020 compared to Q3 2019, the company disclosed to Domain Name Wire. Q3 revenue clocked in at $51.7 million.Year-to-date revenue is $146.5 million, up 33% from the same period in 2019.Like many of its peers, Namecheap experienced a surge in registrations as people shifted their business strategies online due to the pandemic. Net domains under management increased by 653,000 in Q3, bringing the total to 12 million. 324,000 new customers signed up during the quarter, a 62% increase over the same period last year. 859,000 new customers registered at Namecheap so far this year, which represents a 59% increase from last year.Namecheap CEO Richard Kirkendall told Domain Name Wire, Namecheap continues to invest these earnings into our product and platform improvements to bring more value and a richer experience to our customers every day. TweetEmail1 Comment Tags: namecheap, Namecheap earnings ICANN announces 2020 financial resultsby Andrew Allemann October 15, 2020 Policy Law 6 CommentsPandemic-induced savings helped ICANN s 2020 financial results.ICANN saved a lot of money in FY 2020 by holding its events virtually instead of in person.ICANN published (pdf) its financial results for the 2020 financial year today. FY 2020 covered the 12 months ending June 30, 2020.Total funding was $141 million and expenses were $126 million.The numbers turned out better than originally expected because of Covid. The pandemic forced ICANN to hold its last two meetings of the financial year remotely, saving nearly $6 million. It begs the question if it makes sense to hold three expensive ICANN meetings every year.Overall, expenses were $11.1 million (8%) lower than expected due to the virtual meetings, travel restrictions and lower personnel expenses. Hiring slowed because of the pandemic.Revenue was $0.6 million higher than expected because of higher-than-forecasted domain name transaction fees.TweetEmail6 Comments Tags: icann, ICANN financial results, ICANN revenue Nobel Prize winner has connection to new top level domainsby Andrew Allemann October 15, 2020 Uncategorized 1 CommentNobel Prize winner in economics helped create the private auction format for new top level domain name contention sets.Nobel Prize winner Robert Wilson wakes up his neighbor to tell him they had both won the Nobel Prize in economics. Wilson had a hand in designing an auction model used for new top level domains.Did you see that video this week of a man and his wife trying to wake up his neighbor to tell him he won the Nobel Prize in economics?The man in the video, Robert Wilson, won the prize along with the man he was trying to wake up, Paul Milgrom. The pair were awarded the prize for their work related to auction theory.Wilson had a hand in designing auctions that were used by many new top level domain name auction applicants to resolve contention sets. The applicants held an auction where the losers split the winner s payment so they didn t walk away empty-handed.The auction format became a key story to how new top level domain name expansion worked out. Some applicants banked tens of millions of dollars by giving up their applications for domains.Applicant Auction organized most of these private auctions, and it based the format on a model (pdf) created by Peter Cramton and three other economists, including Wilson.The #NobelPrize committee couldn t reach Paul Milgrom to share the news that he won, so his fellow winner and neighbor Robert Wilson knocked on his door in the middle of the night. pic.twitter.com/MvhxZcgutZ Stanford University (@Stanford) October 12, 2020 TweetEmail1 Comment Tags: new top level domains, Nobel Prize, Robert Wilson 26 end user domain name sales this weekby Andrew Allemann October 15, 2020 Domain Sales 1 CommentSmugMug, Pocketbook and other companies bought domains. Sedo had a strong week for end user domain name sales, including some nice low-five-figure transactions.Here’s a list of end user domain name sales that just completed at Sedo. You can view previous lists like this here.Westerly.com $25,000 AlMalki Group helps companies sell their brands/products in the Middle East. I m not sure what the domain is for.Creativa.com €17,800 Creativa offers courses to teach people business English . It s targeted to remote workers.Topdesk.com.au €16,500 Topdesk, a customer service platform, bought this domain and forwards it to its main website at Topdesk.com.QRapp.com $10,000 Zygomatic is an online gaming network and app publisher. I assume this is for a QR code app, not something pronounced like crap.EvaFoods.com $8,950 W. B. Reily Co. Inc. is the food company behind Luzianne Tea and Swans Down cake flour. This might be a new food brand.Atria.org $8,800 Atria Health in New York.LifelongLearner.com $7,000 PSI Services LLC provides professional testing and assessment services to employers.MyBeautyWorld.com €5,550 Sopariwala Exports is an Indian exporter. It appears to focus on tobacco, but it might be getting into beauty products as well.Photo.me $5,040 Online photo service SmugMug bought the domain and forwards it to SmugMug.com.Cloudition.com $5,000 Cloudition GmbH will offer ERP as a cloud-based service. It owns the domain Cloudition.de.SmartKiosk.com $5,000 This domain is being used to promote a kiosk for temperature checking.HealthyTracks.com $3,899 Trividia Health, Inc offers products for cats and dogs with diabetes under the brand Healthy Tracks.DallasVentureCapital.com $3,125 A venture capital fund by this name just opened in Dallas.ValueLuxe.com $2,199 Eureka Partners/Craig Realty Group, a real estate development and management company across the U.S., bought this domain.HearingAidClinics.ca $5,700 Social Blue Corp, a Toronto-based lead generation company, has clients in the hearing aid business.GP2.org $3,588 Global Parkinson’s Genetics Program (GP2) is a five-year program to genotype 150,000 volunteers worldwide to further understand the genetic architecture of Parkinson’s disease.ShopCarls.com $3,000 This was a defensive purchase for Karl s Bait and Tackle, which uses the domain name ShopKarls.com.Ad.work $3,000 Adwork is an online advertising banner shop.LX3.com $2,799 LX3 is a clothing designer.BadCreditAuto .com $2,500 The domain name forwards to BadCreditVehicle .com, which offers vehicle financing.Naxa.net $2,500 Naxa is a video streaming service.Pocketbook.ro €2,000 Pocketbook International SA, the company trying to get Pocketbook.com through a lawsuit, bought another ccTLD.ArtGalerie.at €2,000 Artland GmbH is a German company that sells home decor products.Bioworks.org $2,000 Bioworks sells disease and insect defense and other products for plant growers.Alixium.com $2,000 The domain name resolves to a lander that states, Innovation for the Hydrocarbon world .DIYstartup.com $2,000 Author Thomas Lopez bought this domain for his book that guides people through entrepreneurship.TweetEmail1 Comment Tags: end user, sedo .Org registry names finalists for Impact Awardsby Andrew Allemann October 14, 2020 Uncategorized 2 CommentsKiva, a local chapter of The Salvation Army, and Rainforest Alliance are among this year s finalists..Org will announce the winner of the first category, Combatting Coronavirus, on November 30. The winner of this category will get $15,000.Public Interest Registry has named the finalists for this year s .Org Impact Awards. The winners will be announced over a ten-day period beginning November 30.There are five finalists for each category, including Combatting Coronavirus, Promoting Education, and Fighting Hunger and Poverty. One organization will be named the .Org of the Year and pocket a $30,000 prize. The Coronavirus category winner will get $15,000, and eight other winners will each receive $5,000.PIR says that it received over 500 submissions for the awards.Finalists and details are online at OrgImpactAwards.org.TweetEmail2 Comments Tags: .org, public interest registry Next Page

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