Gigfairy
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Gigfairy - overview
Location
Kuala Lumpur, -, Malaysia
Primary Industry
Internet
About
Gigfairy is a specialized online marketplace that facilitates the sale of premium domain names, primarily serving the entertainment and creative industries with tailored branding solutions. Gigfairy operates as a digital marketplace focused on premium domain name sales and branding services. Founded in Kuala Lumpur, Malaysia, the company has undergone strategic developments, including its acquisition by Tune Studios and BAC Ventures in January 2016 for an undisclosed amount. The company has participated in two funding rounds, with the latest being a Seed round where it raised MYR 0.
100 mn from Endeavor Malaysia, bringing the total amount raised to MYR 0. 100 mn. GigFairy. com offers a robust marketplace for the sale of premium domain names, catering primarily to startups and established businesses in the entertainment and creative industries, such as event planning, music, and talent booking.
The platform features a comprehensive selection of over 300,000 expert-curated, brandable domains, including short and memorable one-word domains with modern extensions like . ai, . io, and . xyz.
Additionally, GigFairy provides branding services that include name contests, logo design, and trademark validation and filing, enabling businesses to create and protect their brand identity. The company serves a global client base, with customers primarily located in North America, Europe, and Asia, who seek to establish strong online presences through effective domain names and branding solutions. GigFairy. com generates revenue through the direct sale of premium domain names, along with additional services related to branding and trademark protection.
Transactions typically occur on a one-time basis, where clients purchase domain names outright or may opt for payment plans that allow for smaller monthly installments until the total price is settled. The pricing for individual domains varies based on their perceived value and desirability, with some premium domains priced at several thousand dollars. The company also offers subscription-based services for trademark validation and filing, enhancing its revenue model through diversified offerings that appeal to both B2B and direct-to-consumer markets. Overall, GigFairy's revenue structure is designed to accommodate a wide range of client needs, ensuring a seamless transaction process for domain acquisition and related services.
Gigfairy plans to launch new branding services and enhance its domain offerings to better serve its clients in the next fiscal year. The acquisition by Tune Studios and BAC Ventures is expected to enable further expansion into markets across Southeast Asia, targeting regions such as Indonesia and Thailand by the end of 2024. The recent Seed funding round will be utilized to develop these new products and to support marketing efforts in the upcoming expansion.
Primary Industry
Internet
Sub Industries
Consumer Services, Recreational & Entertainment Facilities, Internet
Website
www.gigfairy.com
Company Stage
Acquired
Total Amount Raised
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