Fb.com At $8.5 Million – Facebook Joins Million Dollars Domain List

Must Read

Switch Off Your Amazon Alexa If You Are Working From Home!

Weeks after the widespread of the coronavirus, countries continue to go into lockdown mode for more weeks...

Billionaire Mark Cuban’s Invaluable Advice for Startups in Crisis!

In an interview with CNBC last week, owner of NBA’s Dallas Mavericks, Mark Cuban, spoke out about...

Facebook Portal TV: Once Mocked Widely, Now Sold Out Completely!

Two years go, Facebook Inc. (NASDAQ:FB) released the first device in their Portal video calling series. This...

In the arena where Internet business is becoming more and more competitive, companies are trying to cut the corners to shrink their price tag for various services. Probably, the cheapest service what one can opt is a domain name at mere $8.99 these days. However, there are several domains which have secured million of dollars to astound the Internet Industry. Interestingly, Facebook has joined the same list after paying whooping $8.5 million for Fb.com

Last year Facebook had unveiled its much anticipated messaging service which rocked the whole email industry. Though, Mark Zuckerberg, Co-Founder and CEO of Facebook, has segregated the new feature from being another traditional email service, but initiated the process of providing an email ID on “@facebook.com” to all Facebook users.

Users across the globe had jumped with new messaging service and company faced a big challenge on behalf of all employees who were using the same domain for all internal communication. In order to find a way, Facebook had to route all internal communication via a new domain called www.fb.com.

Advertisements

Facebook acquired the domain sometime last year from the American Farm Bureau Federation, which uses fb.org as its primary domain. At its annual meeting in Atlanta, the non-profit revealed that it earned $8.5 million on the sale of fb.com, according to Reuters.

It was the second move of Facebook when they have gone through such major change with their brand identity. In August 2005, company has paid handsome amount of $200,000 to acquire www.facebook.com and transformed the whole business identity from TheFacebook.com.

With the latest move of Fb.com deal Facebook has entered in the list of Top 10 most expensive domains in the world. The list is driven by www.internet.com with the price tag of $18 million. Sex.com, porn.com and fund.com are other domains which follows Internet.com with million dollars price tag.

With the enormous success of revamped messaging service, the investment towards fb.com, apparently, is paying off.

1 COMMENT

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

Ecommerce Players, Including Amazon And Flipkart, To Lose $1 Billion Due To Covid-19?

With India now experiencing a country-wide lockdown for 21 straight days along with the talks of plunging...

Billionaire Mark Cuban’s Invaluable Advice for Startups in Crisis!

In an interview with CNBC last week, owner of NBA’s Dallas Mavericks, Mark Cuban, spoke out about the long-term consequences companies, especially...

The Coronavirus Outbreak Will Change the Business Landscape Permanently!

Make no mistake, the events of the next few days, weeks, and months will have a lasting impact on the global economy...

Facebook To Revamp Their Live Streaming Feature By Adding More Functionality. Know Why!

With the Covid-19 outbreak forcing people to stay indoors worldwide, many people have taken to social media platforms to showcase their lives...

Facebook Users Who Dumped It Earlier Are Returning Back To The Platform!

Facebook Inc. (NASDAQ:FB) is gaining ground and it's no less than a surprise to know who is leading the growth this time!

Zoom iOS App Caught Sharing User Data With Facebook! Are You Using It?

With the growing number of people worldwide now trying to adapt to the ‘work-from-home’ situation amid the Covid-19 outbreak, Zoom which is...

In-Depth: Dprime

YouTube Should Have Bid Adieu To Dislike Button Much Earlier?

Online video sharing platform YouTube can be a ruthless place for content creators targeted by 'dislike mobs'. And the site owners totally understand that...

Facebook Has Pulled Off A Masterstroke By Integrating Its ‘Family Of Apps’?

It’s indeed hard to believe that ONE man sitting at Menlo Park, oversees how nearly a third of the world’s population interacts with each...

Facebook’s Crunch Conquest: By Relying Largely On The US Market, Is Facebook Running a Risk?

Two billion! That's Facebook, Inc. (NASDAQ: FB) for you - Right when you thought that this social-media giant has already connected the entire world, it's...

More Articles Like This