IT News on October 1st: Market America Worldwide announced on September 28th that it had completed a domain name transaction, selling the SHOP.COM domain name to Shopify company. The official amount of the transaction was not disclosed, but many reliable sources claim that this is the largest domain name transaction in history.

The seller of this domain name is Market America Worldwide, who has owned the SHOP.COM domain name for over 34 years. Shopify was founded between 2004 and 2006 by Canadian entrepreneurs Tobias L and tke (Tobias Luke), among others. Headquartered in Ottawa, Canada, it is an e-commerce company listed on the New York Stock Exchange/NASDAQ.

The company provides a "one-stop" business infrastructure: from website building templates, product and inventory management, payment and collection, logistics distribution, to marketing promotion, data analysis, and multi-channel sales (websites, social media, offline POS, etc.), all integrated in one backend.

In terms of transaction price, although the official has not disclosed the specific amount, many reliable sources, including senior domain name brokers such as @andrewrosener, indicate that the transaction amount is 100 million US dollars (Note from IT: The current exchange rate is approximately 672 million RMB).

If the information is true, this transaction involving the Shop.com domain name will become the largest domain name transaction in history, surpassing the previous report of a AI.com transaction worth 70 million US dollars (approximately 470 million yuan at current exchange rates).