Back in August Temoo.com sold for $54,900. It was a great flip for the seller Nametra.com who acquired the name for just $405 in December of 2020 at GoDaddy auctions.
It seems the buyer just wanted the name because Temoo is pronounced by many like Temu. Temu.com is where Temoo.com now forwards. Instances like this are called homophones, a word that sounds the same as another word but has a different meaning and/or spelling.
The buyer was PDD Group who operates Temu.com. Temu describes themselves as, an innovative online marketplace that offers consumers quality, flexibility and choices through thoughtfully curated selection of products at wholesale prices sourced from merchants and brands globally.
PDD Group generated over $14 billion in revenue in 2021 so I guess dropping close to $55,000 was nothing.
