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ToysRUs pays $5m for toys domain

Toy retailer ToysRUs has paid $5.1m (£3.6m) for the domain name. The domain had previously been up for auction and went to a company called Faculty Lounge for $1.25m. In 2007 $14m is paid for the domain Although the current domain market is nowhere as strong as it was during the dot-com heyday, it remains strong and is currently experiencing solid growth again. Full Story :

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