Candy.com SOLD for $3M to MA-based Melville Candy…

This is tremendous news for the domain industry and will certainly put Candy.com under the spotlight and microscope as many others will watch and see if a premium generic domain name like Candy.com can take any business and launch it as a national/global player.  Your thoughts?  I think this is great!

BOSTON, MA — June 3, 2009 — G&J Holdings, LLC today announced the purchase and acquisition of the web domain Candy.Com and the development of a new internet based confections retailer d/b/a Candy.Com. A growing distribution channel that is here to stay, G&J Holdings, LLC has invested in Candy.com for the purchase price of $3,000,000.  The new internet candy retailer will service the growing demand for consumers to find their favorite bulk, gourmet, and gift confectionary products with great service, a unique and social shopping experience, competitively priced products, and expedited shipping.

Read more at Rick Schwartz, the Domain King’s blog

1 Comment to Candy.com SOLD for $3M to MA-based Melville Candy…

1. 

   The recent sale of Candy.com proves that it makes sense to buy a premium generic domain name to build an on-line business on.
Ron Wood on June 4th, 2009

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