Dubai, UAE January 24, 2012: The award winner 1st multilingual social network, DUDU, today announced the successful negotiation of a $1 million sale for the domain name dudu.com, a memorable, short and brandable name.
Located in Dubai, the buyer of dudu.com is Mr. Alibek Issaev, businessman and Chairman of DUDU Communications. DUDU is a popular social network, which uses unique translation technology to allow its users from around the world to communicate with each other in their native languages. The network was located at www.godudu.com, and the company decided to invest in a domain that corresponds to the exact name of the network.
"With the purchase of dudu.com, we will be able to match our platform's brand with the exact domain name we need, and migrate from using godudu.com to this shorter version," said Issaev. This purchase means we keep attracting important traffic, and at the same time we ensure that visitors from around the globe will remember our brand's name."
The social network is known for its high safety and security settings which are also user friendly and easy to customize to the users' preferences. DUDU has more than 2 million active subscribers from around the globe and offers them the opportunity to communicate with each other in Russian, English and Arabic. More languages will be added in the near future with the aim to have "The world in Your Language".
The sale of dudu.com to social media network dudu was brokered, after three months of negotiations, by Sedo's international with Renren.com the former owner of dudu.com, a well-known Chinese social media network.
DUDU is a winner of 2011 International Stevie Awards for "Best New Product or Service of the Year - Media & Entertainment" and "Best Software Programming/Design" and
Honoree in "Most Innovative Company of the Year in the Middle East and Africa" and "Company of the Year ―Media".
To register on DUDU social network, please go to: www.dudu.com
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© Press Release 2012
