Woolworths Buys Hardware.com.au for $33,333 After Rival Lets it Expire
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Release time:2010-12-17
Browse:4024
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Big bucks for an expired domain — but an even more interesting story.
Australia’s Woolworths Limited got into the domain name drop catching game recently by picking up the domain name Hardware.com.au for $33,000 AUS.
What makes this story more interesting, according to the Herald Sun, is that one of Woolworths’ rivals let the domain name expire.
Bunnings Building Supplies Pty Ltd owned the domain name but may not have received the renewal notice due to an outdated email address, reports the newspaper. Woolworths entered the hardware market in competition with Bunnings last year.
The company picked up the domain name from drop.com.au, an expired domain name service recently acquired by Fabulous.
Source from Domain Name Wire
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