Z.com Sold For $6.8 Million Dollars
NOVEMBER 21, 2014 BY MICHAEL BERKENS
GMO Internet, Inc. is a publicly traded company and one of Japan’s largest ISP and operator of the country’s largest domain registrar, today announced they acquired the domain name Z.com for JPY800 million which is at today exchange rates equals $6,776,448 USD.
GMO Internet a also an applicant for several new gTLD’s including .Shop and .Inc and is running the .Tokyo; .NAGOYA and .OSAKA new gTLD registries on behalf of each of those cities and .GMO as well.
GMO in the press release states Z.com is “one of only three single-character domain names currently existing in the .com space, Z.com is highly memorable and offers unparalleled marketing opportunity. With over 100 million registrations, .com is one of the most instantly recognizable and easily identifiable domains in the world. Z.com was acquired to spearhead GMO Internet Group global growth strategy, and securing “Z” under the .com Top Level Domain, provides the Group with a powerful tool to build a strong global brand.”
Only six exist one letter .com are in existence; Z.com. Q.com, X.com, and Z.com, I.net, Q.net, X.com.
Nissan Motors was the seller of the domain name and the original registrant
The domain which has been not resolving for many years.
“GMO Internet Group is an Internet services industry leader, developing and operating Japan’s most widely used domain, hosting & cloud, ecommerce, security, and payment solutions.
The Group also comprises the world’s largest online FX trading platform, as well as online advertising, Internet media, and mobile entertainment products. GMO Internet, Inc. (TSE: 9449) is headquartered in Tokyo, Japan.”