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ToysRUs Buys Toys.com At Auction For $5.1 Million
- djahng 18y agoWow...but when it comes down to it people probably don't care about the domain as much as Toy R Us thinks. People find the toys they want, then price compare on Google. Or if they want to skip that step, they'll just buy it from Amazon.
- falsestprophet 18y agoToys R Us owns over 1000 stores, has 97000 employees and does $13.646 billion in revenue every year. Five million dollars hardly registers.
- djahng 18y agoWhere does your information come from? According to their website they were acquired for $6.6B in 2005. The acquisition was probably at some multiple of revenues...so how did they get up to $13.646B? Besides, earnings are more important than revenues. Look at GM, they lost $20B on revenues of almost $150B. You think it would be wise for them to buy some domain like "cars.com" when they already have gm.com (toys.com just forwards you to toysrus.com)?
- johnyzee 18y agoAnother step towards toy monoculture.