Yahoo! Buys Domain Name For $80,000

Posted Aug 10, 2009

Yahoo! Inc. (NASDAQ:YHOO) has bought the domain name for $80,000.  This is not a bad price considering that Yahoo!’s OMG service generates a good amount of traffic.  Yahoo! OMG receives more traffic than Yahoo! Autos, the Yahoo! Messenger website, Yahoo! Music, and Yahoo! Maps.

My guess is that they will just forward to  Tweens generally write “OMG” as a statement that they’re shocked.  Its shorthand for “Oh My God!”

Even when Yahoo! shuts down services, they try to cash out on the domain names that they own too.  For example, Yahoo! sold for $380,000 at a domain name auction in D.C.  Yahoo! attained the domain name after they bought out Mark Cuban’s company  The buyer of was National A-1 Advertising.

[via Domain Name Wire]