LOS ANGELES--(BUSINESS WIRE)--Aftermarket.com, a division of Thought Convergence™, is pleased to announce the successful completion of its latest auction at the Domain Roundtable conference. With a better than 50% sell-through rate during the live bidding and strong interest throughout the extended auction, Aftermarket.com has solidified its position as a market leader in the domain name secondary market.
Perhaps the greatest achievement of the event was the sale of Contests.com. This Yahoo!® owned domain name was the crowd favorite, enticing a number of bidders, both onsite and online, to participate in the action.
“We were extremely pleased that Yahoo!® would select Thought Convergence, and our Aftermarket.com auction platform, as the venue to facilitate the sale of such a highly coveted, premium domain like Contests.com,” said Ammar Kubba, Chief Strategy Officer for Thought Convergence.
The successful auction generated over $500,000 in revenue and further established Aftermarket.com as a top-tier brokerage house, featuring high quality domains at competitive prices.
In addition, the Aftermarket.com auction raised more than $16,000 to benefit the ICA and their continued advocacy efforts. Please go to http://www.domaintools.com/domain-auctions/live/DRT2009 for a complete list of auction results and visit Aftermarket.com for information on upcoming auctions.
Aftermarket.com is a simultaneous online and in-person auction house. Founded in 2008, Aftermarket.com seeks to create an exciting auction event by offering high-quality, competitively-priced domains both live and online on a robust technology platform. Aftermarket.com is a division of Thought Convergence, Inc.™, an industry-leading service provider of Internet domain name services and technologies. For more information, please visit www.Aftermarket.com.
About Thought Convergence
Founded in 2001, Thought Convergence™ is an industry-leading service provider of Internet domain name information, management, monetization and development tools and technologies. Widely regarded as a pioneer in the domain industry, Thought Convergence provides its award-winning products, services and technologies under several brands, including TrafficZ®, DomainTools™, Aftermarket.com™, LeaseThis.com™, Domain Roundtable™, Spry Hosting™ and Idea.net™. By leveraging its comprehensive suite of fully-integrated domain services, tools and technologies, Thought Convergence is pioneering the industry’s first symbiotic Domain Ecosystem™ and working to promote the continued evolution, success and sustainability of the domain name industry. Thought Convergence is a privately held company, growing profitably since inception, and headquartered in Los Angeles, California, with offices in Seattle, Washington. For more information, please visit http://www.ThoughtConvergence.com.