Want To Learn More About Flipping Domains For Profit: Read My Post On Domain Flipping!
Clothes.com Came With When Amazon Bought Zappos
Posted on August 7th, 2009 by admin in Domain News | 1 Comment »
When Amazon purchased online shoe retailer Zappos for $928 million in July, it got the Clothes.com domain in the package. Zappos had earlier bought the domain from Idealab for $4.9 million probably with the aim to branch out into online clothes sales.
George Kirikos pointed this out to TechCrunch – Amazon’s SEC filing mentions the Clothes.com acquisition:
In May 2008, we acquired the Clothes.com internet domain name from Idealab. The domain name was recognized as a purchased intangible asset with a useful life of 20 years. The entire purchase price of $4.9 million was assigned to the price of the domain name intangible asset and will be amortized on a straight-line basis over its remaining estimated useful life.
This revelation makes Clothes.com the second highest sale amount this year after Toys.com ($5.1 million).
Want To Learn More About Flipping Domains For Profit: Read My Post On Domain Flipping!
One Response to Clothes.com Came With When Amazon Bought Zappos
Leave a Reply
Explore other similar posts that might interest you
Click on a post title to read the post!
R.I.P Parked.com
Start The New Year In Style
Some Nice Names On SnapNames Right Now
Good Bye Archive.Org, Hello Screenshots.com
Rest In Peace Steve Jobs
ElectricityRates.com Sells For $20,000
First Borat, Now Google Antagonize Kazakstan
Twitter Officially Launches T.co
Pay.com Up For Sale
25 Years Of .AU





Domains like this are gold