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Russia.com Reported Sold for $1,500,000

November 29th, 2009
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russiacomSeveral online sources (including the Washington Post) have reported the sale of Russia.com to an undisclosed buyer for $1,500,000 USD. Russia.com is a nicely designed travel website offering hotel booking and flight reservations to cities throughout Russia.

The sale was first reported when it appeared on the homepage of Sedo as a completed transaction. The $1.5 million dollar sticker price caught the eye of several bloggers and industry professionals who monitor high dollar sales.

newmediaThe domain is reported to have been previously owned by New Media Holdings and managed by Paley Media who offer publishing & web consultancy services. They list on their website a variety of projects they are involved in including AutoRacing.com, Musicians.com, and HorseRacing.com. Also listed are premium geo domain paleydestinations like PuertoRico.com and Scotland.com.

Russia.ru is the most logical destination for native Russians since .ru is the official country code of Russia. However, the .com has sufficient global presence to generate substantial natural direct navigation to the Russia.com website. Premium domain names like Russia.com provide great opportunity for online investors.

*Related domain names tagged from this article include: AutoRacing.biz

autorace

.BIZ Domain Names, .COM Domains