The internet domain name GroupBuying.com is being offered for sale via LIVE AND ONLINE AUCTION at the TRAFFIC Domain Conference & Expo in Miami, Florida.
Group Buying has taken the web by storm and venture capital is pouring in to the industry. The winning bidder will be in fantastic company; Groupon.com which was founded in 2008 by Wharton alumni Andrew Mason has secured $170 million in US in venture capital. The two year old startup is already valued at some $1.35 Billion. According to a recent article Mason explained that Groupon turns down seven businesses wanting to offer a deal for every one it accepts. This demonstrates that the market is just heating up and it is certainly ripe for more competition. What better name than GroupBuying.com?
Groupon's stats:
- 700 incoming requests to be featured every single day.
- Waiting lists over six months long to be featured in most cities
GroupBuying.com will feature an attractive reserve price and as a result, it is expected to sell. Online bidding on this domain name is currently available for registered bidders and bidding will continue until the live event on Tuesday, October 19th 4:30pm through 7:00pm EDT at the South Beach T.R.A.F.F.I.C. Live Auction. Information about the auction and event can be found at Latonas.com, TargetedTraffic.com or RickLatona.com.
Once high-profile domains are acquired by large corporations, they may never be available for public sale again. Indeed, one's only hope of controlling such a high-profile domain name would be to acquire the entire corporation, an undertaking thousands of times more expensive than buying the domain before the corporation acquires it. The appeal of high-profile domain names is undeniable. Make sure you don't miss out on this one-time opportunity to acquire GroupBuying.com exclusively available at T.R.A.F.F.I.C. through Rick Latona Auctions.