Support Services:service@dn.com
2024 Dn.com All Rights Reserved
Recruiter.com Group Inc. (NASDAQ: RCRT) has taken a major step forward in the domain name market with the sale of its valuable "Recruiter.com" domain name to Job Mobz Inc. for $1.8 million, which closed on 31 March.
Recruiter.com Group Inc. (NASDAQ: RCRT) has taken a major step forward in the domain name market with the sale of its valuable "Recruiter.com" domain name to Job Mobz Inc. for $1.8 million, which closed on 31 March. Recent regulatory filings indicate that this transaction was more than a simple sale, but was a key component of Recruiter.com's comprehensive business transformation.
The transaction, which was originally signed on 16 August 2023, includes the "Recruiter.com" domain name and other assets valued at $1.8 million. The sale clearly demonstrates the continued high value of premium domain names in the marketplace, an aspect of domain valuation and strategic trends that are of interest to Domain Success readers.
However, this is more than just a domain sale. It marks an important point in Recruiter.com's broader strategic alignment. The company plans to acquire GoLogic, a financial technology company, in a deal that involves the transfer of up to 84 per cent of Recruiter.com. In addition, Recruiter.com plans to change its name and spin off its non-GoLogic business into a new entity, with Recruiter.com shareholders receiving a dual stake: maintaining a 16 per cent stake in the current company and acquiring a stake in the newly spun-off company, which is expected to trade on the over-the-counter market.
This strategic shift comes amidst financial changes at Recruiter.com. The latest revenue report showed a decline to $183,722 for the quarter ended 30 September 2023, down from $5.8 million in the same period last year. This decline is largely attributed to the transition of its on-demand recruiting business to Job Mobz.
In addition, Recruiter.com sold its healthcare staffing business to Futuris Co.(OTCMKTS: FTRS) for $500,000 in Futuris stock and a potential gain of up to $2 million. The transaction, coupled with a direct private placement offering of approximately $1 million and a 15-share reverse stock split strategy to comply with Nasdaq listing standards, underscores the company's multi-faceted approach to restructuring.
07 Sep 2024 03:25:18 PMIndustry Information
September 5, Alipay released Zhixiaobao AI life butler, and spent 250,000 yuan to acquire the “zhixiaobao.cn” domain name. Amazingly, the domain name in January 27, 2021 only 50 yuan auction, just three years, the return on investment up to
06 Sep 2024 05:32:40 PMIndustry Information
Most of the domestic website domain names choose pinyin domain names, especially duplex domain names, byte jumping favorite use duplex, such as: douyin.com,toutiao.com,xigua.com and so on. But in addition to duplex domain names, do you
06 Sep 2024 11:36:43 AMIndustry Information
In the digital age, how a company manages the subscription and opt-out strategies for its services not only affects the user experience, but also reflects the level of respect it has for its customers. Recently, GoDaddy and Google have
05 Sep 2024 04:53:54 PMIndustry Information
On September 5, 2024, at the Shanghai Bund Conference, Alipay officially launched its new AI lifestyle assistant app, “Zhixiaobao.” According to WHOIS information, Alipay has acquired several domain names related to “Zhixiaobao,” including
Just recently, it was revealed that Byte Jump, a well-known Chinese Internet company, has successfully acquired the domain name byte.dance. the exact amount was not disclosed. The domain name was registered on July 17, 2014 at the earliest.
Industry Information 05 Sep 2024 02:39:14 PM
Recently, the World Intellectual Property Organization's (WIPO) Arbitration and Mediation Center (the “Center”) ruled that the results of the GoDaddy domain name auction for the Aveus.com domain name, which was sold in a GoDaddy domain name
Industry Information 05 Sep 2024 11:06:10 AM
The Carnival attracts more than 200 tech companies and nearly 400 high net worth individuals, creating an interoperable platform for four-way exchanges among tech companies, funders, business service organizations and government departments
Industry Information 04 Sep 2024 01:59:43 PM
Radix has released its latest semi-annual report on premium domain sales performance across the 10 top-level domains managed by the registry operator. Its H1 2024 premium domain report details how Radix realized $5.16 million in total
Industry Information 04 Sep 2024 09:33:08 AM
A few months ago it was originally scheduled that .com domains would go up on September 1, 2024, but a certain platform actually raised their prices on August 30th, which caused a lot of dissatisfaction among domain investors. It was
Industry Information 03 Sep 2024 01:41:59 PM
Internationally recognized domain name registrar Namecheap, Inc. has prevailed in the recent Uniform Domain Name Dispute Resolution Policy (UDRP) proceedings. The Arbitration and Mediation Center ruled that the disputed domain name
Industry Information 30 Aug 2024 11:04:56 AM