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Kredit.com sells for a fraction of Kredit.de
Kevin Murphy,
June 15, 2010, 20:16:54 (UTC),
Domain Sales
Kredit.com, which means “credit.com” in German, has been sold via Sedo for a fraction of the price that Kredit.de sold for about 18 months ago.
Sedo reported today that the domain changed hands recently for €220,000, which works out to $271,000 at today’s exchange rates.
For comparison, the German ccTLD equivalent, kredit.de, went for €892,500 in December 2008, also via Sedo. At the time, that amount translated to $1.25 million.
A generic ccTLD selling for roughly 5x the .com is a fairly uncommon occurrence, perhaps demonstrating how strong the .de namespace is locally. I can’t imagine such a wide discrepancy in valuations between a generic .com and .co.uk.
Kredit.com was originally registered in 1996. It’s currently parked, with an Irish address listed in the Whois.
It is not unusual for well established ccTLDs such us .de or .pl for example.