Google sells its domain registration business. In a surprising announcement today, website building platform Squarespace (NYSE: SQSP) announced that it’s buying Google Domains, Google’s domain name registrar. The purchase price is $180 million, and JPMorgan Chase Bank is providing financing for part of the purchase. Google launched its domain registrar in 2014, originally calling it […]
Huh, that’s weird. You would think that business had pretty good returns, given that registrars have famously high markup when selling domains.