Flipping websites is becoming the craze because it is a great way to make money online. The internet has become a market for virtual real estate. Websites that are referred to as virtual real estate are very similar to physical real estate. You can build or purchase a piece of virtual property, dress it up, renovate it, and then sell it to the highest… Read More »
AT&T/YellowPages.com has purchased the domain name YP.com, for the sum of $3.85 Million in Cash. Alexa ranks YP.com in the top 70,000 sites with approximately 1,000 to 3,000 daily visitors.
The political blog Huffington Post, has announced the acquisition of comedy news site 236.com. The purchase will allow Huffington Post to expand beyond the realm of straight commentary. 236.com has approximately 2 million unique users per month, as compared to Huffpo’s 16 million unique monthly users. The terms of the transaction was not disclosed.
TheKnot, a wedding planning and content site, announced the acquisition of Breastfeeding.com, a community site that targets new mothers. The addition of Breastfeeding.com further expands TheKnot’s portfolio of baby brands which includes TheBump.com and LilaGuide.com. The terms of the deal were not disclosed.
1up.com, a gaming and social network site and its cache of sites including GameVideos.com, MyCheats.com and GameTab.com, was acquired by UGO. Ugo (UnderGroundOnline) is considered one of the top 50 largest entertainment portal site. UGO networks consists of more than 250 owned and affiliated sites. The terms of the acquisition have not been disclosed.
If you are considering buying or selling a website, do not let today’s bad economy slow you down. Internet business is booming! If you look at most of the problems that failing businesses are having, you may find that they do not always apply to the online business you have or are considering to buy. The car manufacturers, for… Read More »
