Reglikedomain industry desk

Growing and Growing and Growing… — Sedo Keeps

Growing and Growing and Growing… — Sedo Keeps

Brokerage and parking firm continues to grow client numbers.

The Sedo client base continues to grow, as stated by the firm’s first quarter 2010 note (link removed since no longer active). The domain name brokerage and parking firm now has 1,051,000 registered members, 16.1 million domain names on its platform, and 7.1 million domain names available for sale.

The same can’t be stated for the firm’s financials, as sales dropped 6.7% from the same quarter last year. Earnings were down 10% and its employee base fell from 175 to 155 in a year.

But the firm sees the earnings trend reversing course next year:

In the field of Domain Marketing, in which we hold a leading global position, we expect a slight general decline in 2010 and a return to growth from 2011 onward. We shall continue to invest in our domain inventory and cooperate increasingly with partners in the field of domain trading in 2010.

Also on the wire

Other reporting from the domain desk.

DomainConvergence Postponed Until Next YearServicesDomainConvergence Postponed Until Next YearBot protection on Cloudways by Malcare — Test drivingServicesBot protection on Cloudways by Malcare — Test drivingFServicesFresh York Times article on Oversee.netSite Redesign Goes Live — Sedo WebServicesSite Redesign Goes Live — Sedo WebDServicesDomain names are now managed by Afilias — Australia’s .AuOffers “Minting as a Service” for domain registries — Orange DomainsServicesOffers “Minting as a Service” for domain registries — Orange DomainsOServicesOver US$200 million in payments in H1, buys domain name for A$1 million — Escrow.com handlesDevHub Opens to PublicServicesDevHub Opens to PublicBill Sweetman unveils Name NinjaServicesBill Sweetman unveils Name Ninja