Domain name registrar Namecheap generated $149 million in revenue in 2019, up 18.7% from its 2018 total.
The company focused on higher-quality domain names in 2019, eschewing the sub-dollar domains it pushed in prior years. As a result, its domains under management remained fairly steady at 10.5 million. It added 1.24 million registrations during the year.
In September, the company WebsiteHostingReview.org/2020/01/07/shakeup-on-the-com-leader-boards-namecheap-tops-5-million/”>hit 5 million .com domains under management.
In a statement, the company said:
During the year, Namecheap welcomed over 675,000 new customers onto our platform, and continued to see our product mix expand with the addition of our Logo Maker, Business Card Maker, Validation and CDN products launching into market. Our other product verticals, such as Hosting and Private Email continue to outpace our strong domain business trajectory, contributing more and more to our overall financial performance.
Namecheap is privately held.
Post link: WebsiteHostingReview.org/2020/02/18/namecheap-revenue/”>Namecheap posts $149 million revenue in 2019
© WebsiteHostingReview.org 2020. This is copyrighted content. Website Hosting Review full-text RSS feeds are made available for personal use only, and may not be published on any site without permission. If you see this message on a website, contact editor (at) WebsiteHostingReview.org. Latest domain news at WHR.NEWS: Website Hosting Review.