domain name sold for $13 million

By Reuters
Posted Oct. 21, 2010 at 11:38 a.m., widely considered to be among the most valuable web addresses in the world, was sold for $13 million by its bankrupt owner, Escom LLC.

In court papers filed on Monday, the company said Clover Holdings Ltd was the successful bidder for the domain name. The deal is yet to be approved by the bankruptcy court.

It was not immediately clear what Clover Holdings plans to do with the web address.

In May, Escom reached an agreement with its creditors to auction the name and hired, a domain name marketplace, to find potential buyers.

Escom reportedly bought the domain name for $14 million in 2006.

The case is In re: Escom LLC, U.S. Bankruptcy Court, Central District of California, No. 10-13001.

Read more about the topics in this post:


  1. CGull Oct. 21, 2010 at 12:09 pm

    “It was not immediately clear what Clover Holdings plans to do with the web address.”

    Something tells me they are not exactly going to use the site to sell Slap-Chops online.

  2. gr8hands Oct. 21, 2010 at 1:33 pm

    CGull, I think they mean that it is possible Clover Holdings may sell it to someone else — maybe someone who doesn’t want to be identified.

  3. wraith729 Oct. 21, 2010 at 4:41 pm

    Correct me if I’m wrong, but isn’t it illegal in most places to sell sex?

  4. Pelly Oct. 21, 2010 at 4:56 pm

    Hmmm. They bought it for $14 mil in 2006 and sold it for $ in 2010.

    I guess that means sex is worth 7% less now than it was 4 years ago. Ah well, age will tell