I strongly discourage lofty domain resales,in the sense that brands are built with quality of service and not a rememberable name(that helps to an extent but not at all necessary),the latest news from domain resale industry is a lot astounding.

In the days of recession,when companies are struggling to procure funds for survival,here is a decade old publicly traded travel site called Travelzoo,which has just announced acquisition of Fly.com for whopping $1.8Mn.

According to Travelzoo

“Fly.com will launch a new travel search engine within the next few weeks that will help you find
the best travel options. Please visit us again soon.”

The only possibility here is that Travelzoo is making a lot more money that they presumed they will and therfore they have gone a step ahead in expending their reserves a lot more loosely.In recent past,there has been few other expensive domain resales of vibrators,and many others

Prashant Sharma

Prashant Sharma is a Delhi based Entrepreneur who spent most of his college days polishing his marketing skills and went for his first business venture at 19. Having tasted failure in his entrepreneurial debut, he turned a Tech-enthusiast, specializing in web technologies later. Today, he heads AQR8 Media, a Digital Marketing and Technology firm and writes at TechPluto as well. Join him on Google Plus, Twitter and Facebook