18 May '15, 12am

Looks Likes Got $4.8 Million For Withdrawing Its .Coupons New gTLD App

According to Tweets from George Kirikos and Daniel Negari it appears that Coupons.com made a cool $4.8 Million dollars for withdrawing its application for the new gTLD .Coupons George found an SEC filing that showed Coupons.com received $4.8 million dollars from the sale of a domain name. Coupons.com withdrew its application to operate the new gTLD .Coupons which left Donuts, the only applicant for .Coupons the winner of what appears to have been a private auction or some other method to privately settle contention. The stated fee of Applicant Auction to conduct private new gTLD auctions was as high as 4% meaning that it is likely that Donuts paid $5 Million for .Coupons and Coupons.com netted $4.8 Million after commission. Of course it only cost Coupons.com $185,000 to file it’s application for .Coupons making this the best coupon the company ever redeemed.

Full article: http://www.thedomains.com/2015/05/17/looks-likes-coupons-...

Tweets

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