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Record cash paid as recycle.co.uk domain name sells for £150,000

A record price of £150,000 has been paid for domain name recycle.co.uk by venture capital company, ASAP Ventures, in a private deal. With the name, the buyer plans to launch a UK recycling information service for consumers. The cost breaks the record set in 1997, when £110,000 was paid for taste.co.uk by J Sainsbury. This sale is an example of how highly environmentally-friendly businesses are valued. ASAP Ventures marketing director Gareth Robinson said: The fact that this is one of ...