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MMX notes strong start to 2019

MMX notes strong start to 2019

Domain name firm touts topline growth to kick off 2019.

MMX LogoTop level domain name firm MMX (Minds + Machines) (LSE:MMX) is reporting a strong start to 2019.

In an investor update issued today, the firm stated that domain registrations are up 38% year-over-year so far this year to 1.84 million registrations. Billings are up 129%. The firm credits the first time contribution from ICM Registry domains as well as strong growth in China.

MMX is seeing a 91% renewal rate on .XXX domains, part of the ICM buyout.

Donuts co-founder Dan Schindler is now a Special Advisor to the firm to help it on its premium domains strategy. Schindler left Donuts a while back and recently resurfaced in the industry. Christa Taylor was also formally disclosed as the firm’s Chief Marketing Officer. Taylor had consulted for the firm starting last year and became CMO ahead of NamesCon this year.

The firm plans to pay off its outstanding debt early this month.

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