Two seven-figure domain sales lift aftermarket to a strong quarter
Domain aftermarket The market where domain names that are already registered are bought and sold. Full definition of aftermarket sales kept climbing through the fourth quarter, with the latest two weeks among the strongest of the year. Two seven-figure sales totaling $5.5 million rank among the six highest publicly reported sales of the year so far. The period also included the biggest non .com gTLD generic top-level domain A top-level domain not tied to a country, run under ICANN contracts. Full definition of gTLD sale of the year.
in plain words
Domain names are internet addresses, and people buy and sell them like property. Two recent sales each brought in over a million dollars, and together they totaled $5.5 million. A gTLD is a type of web address ending, such as .shop or .app.