Internet giant Yahoo is no different from other dot com companies as it also facing tough times in the hard economic recession. It has started restructuring its plan and strategy the result of which is the shutting down of it services.
It interesting project, Gallery was close a while ago and now it has decided to sell off its domain names as well. This happened last night when the mighty company sold its domain, Contests.com during a live auction last night.
The fact that is not digestible is the rate at which it sold the domain. Contests.com is one of the important killer domain names that Yahoo owns and has been widely appreciated by the people.
But Yahoo has sold it last night for only a mere price of $380000 is what is making people think what has happened to the company.
In this regard it is worth mentioning the rates that toys.com and candy.com sold for which is $5.1 million and $3 million respectively.