Domain Name Sold For $100,000

A small news item straight from left field, but who knew someone would eventually cough up a six-figure sum for a ‘Libyan’ domain name (one that ends in .ly)? Well, someone did, and that someone is enterprise applications and services company Infor, which acquired the domain name for $100,000.

The previous owner of, Hadi Naser of domain name registration and professional services company Libyan Spider, apparently owns several hundred such ‘premium’ .ly domains.

Conveniently, his company also runs a domain name brokerage service at

Back in 2010 Libyan Spider sold for $17,000 to DailyMotion. Other ‘big’ .ly domain name sales include, which fetched a $50,000 price, and Facebook acquired about a month ago.

The legal and technical advisor on the seller’s side for the deal was London-based agency Brands-and-Jingles. You have to wonder how much is worth.