Google Buys TLD “.App” For $25 Million In Record-Breaking ICANN Auction
Google outbid companies like Amazon.com for exclusive rights to the top level domain.
This week’s ICANN auction resulted in the largest amount ever paid for a TLD when Google purchased .app for a record-breaking $25 million.
According to a DomainNameWire.com report, twelve companies were bidding for the domain name during ICANN’s auction on Wednesday, with Google eventually out-bidding other applicants, including Amazon.com, Minds + Machines and Radix.
The .app domain name is a natural fit with the Google Play Store now that Google is an official domain registrar. The company opened its domain services to all users last month, after launching its invite-only domain service in June of last year.
Sounding a bit slap-happy about the winning bid, a Google spokesperson told Business Insider, “”We’ve been excited and curious about the potential for new TLDs for .soy long. We are very .app-y with .how, at a .minna-mum, they have the potential to .foo-ward internet innovation.”
Contributing authors are invited to create content for MarTech and are chosen for their expertise and contribution to the martech community. Our contributors work under the oversight of the editorial staff and contributions are checked for quality and relevance to our readers. The opinions they express are their own.
Related stories