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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.
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It is not unusual for well established ccTLDs such us .de or .pl for example.