The bidding for the ".co" domain name has started at US$77 million. Who will take over the operation rights?

Industry Information 27 Mar 2025 03:46:33 PM By:DN domain name editor
Abstract:

The Colombian government is accelerating a new round of bidding for the operating rights of the ".co" domain name, with an estimated transaction value of US$77 million.

The Colombian government is accelerating a new round of bidding for the operation rights of the ".co" domain name, with an estimated transaction value of US$77 million. Compared with the previous operator renewal dispute, this bidding is not only about the replacement of the operation rights, but also may affect the global positioning and value trend of the ".co" domain name.

The bidding for the

.co domain name - market competition behind 2.3 million registrations

Since it was opened to the world in 2010, the ".co" domain name has attracted a large number of companies and entrepreneurs with its brevity and brand effect associated with "company". At present, the number of global ".co" domain name registrations has exceeded 2.3 million, including official short links of well-known brands such as Google (g.co) and Twitter (t.co).

However, despite the steady market demand, the growth rate of the ".co" domain name has slowed down in recent years compared to the peak period. This bidding is not only a business decision to replace the operator, but also a key step for the Colombian government to reposition the ".co" domain name market strategy.

The bidding for the

Who will bid for $77 million?

Industry observers pointed out that the $77 million valuation set by the Colombian government is not low, which means that this bidding will mainly attract strong international domain name registrars. Neustar, which previously managed ".co", and industry giants Verisign and GoDaddy are all considered potential competitors.

After winning the operating rights of ".co" in 2010, Neustar invested a lot of resources in promotion, making it one of the most popular domain name suffixes in the world. However, the renewal negotiations in 2019 reached a deadlock, and the Colombian government finally decided not to renew the contract, but to re-open the tender. This means that if Neustar wants to continue to control ".co", it will face a new round of bidding pressure.

On the other hand, as the manager of ".com" and ".net", if Verisign can win the operating rights of ".co", it will undoubtedly further consolidate its dominant position in the domain name market. GoDaddy may want to take this opportunity to expand its registration service ecosystem and provide a richer selection of domain names.

Conclusion

The Colombian government has accelerated the bidding process, which means that the future of the ".co" domain name may usher in a new stage of development. Regardless of who takes over in the end, changes in market strategies may affect the market performance of ".co". For companies, investors and industry observers, the next few months will be a critical moment.

The bidding for the

The bidding for the ".co" domain name has started at US$77 million. Who will take over the operation rights?

The Colombian government is accelerating a new round of bidding for the operating rights of the ".co" domain name, with an estimated transaction value of US$77 million.

Industry Information 27 Mar 2025 03:46:33 PM

The auction of the two-letter domain name IZ.com has come to an end, with a transaction price of US$517,500

The auction of the two-letter domain name IZ.com has come to an end, with a transaction price of US$517,500

The two-letter .com domain IZ.com was sold for $517,500 in a public auction. The auction attracted 26 bidders and 255 bids before the hammer finally fell.

Industry Information 27 Mar 2025 01:29:36 PM

Gong.com domain name dispute ends, complainant accused of reverse hijacking

Gong.com domain name dispute ends, complainant accused of reverse hijacking

Recently, the UDRP case surrounding the domain name Gong.com has a verdict. The WIPO panel ruled that the defendant Jeffrey Gong won the case and found that the complainant had engaged in reverse domain name hijacking.

Industry Information 26 Mar 2025 02:46:36 PM

Top exchange domain name Binance.eth is being snapped up!

Top exchange domain name Binance.eth is being snapped up!

Recently, the auction of binance.eth has caused quite a stir. The latest bid for the domain name has soared to 25.00 WETH (about 51,590 US dollars), but many people in the comment area said that the price is "too low."

Industry Information 27 Mar 2025 03:50:09 PM

Temu domain name rights protection has won another victory, and the ccTLD disputes in many countries have been settled.

Temu domain name rights protection has won another victory, and the ccTLD disputes in many countries have been settled.

Temu is a cross-border e-commerce platform under Pinduoduo, which has entered the international market since 2022. Recently, the protection actions surrounding brand domain names have continued to attract attention.

Industry Information 25 Mar 2025 03:07:05 PM

Colombia launches bidding for 10-year operation rights of .CO domain name

Colombia launches bidding for 10-year operation rights of .CO domain name

Recently, the Colombian Ministry of Information and Communications Technology issued an announcement to launch a tender for the operation rights of the national top-level domain name (ccTLD .CO) for the next ten years.

Industry Information 25 Mar 2025 10:47:56 AM

The bidding for the