GiftCardLab.com Acquires the Domain Name GiftCard.com for $4M+ in Cash and Stock

Gift CardLab, a leading online provider of gift cards, today announced the purchase of the GiftCard.com domain. Gift CardLab will now use the GiftCard.com domain as its primary URL, where customers can search for and purchase store Gift Cards, e-Gift Cards, Customizable Gift Cards and Corporate Incentive Cards.

According to Domain Industry News Magazine, the most paid for a domain this year through September 23rd, 2012 was PersonalLoans.com for $1M.

“The GiftCard.com domain and brand is the crown jewel of the $100 Billion gift card market,” said David Jones, CEO, Gift CardLab. “As we continue our rapid expansion in the gift card industry, the GiftCard.com domain and brand will provide a unique marketing advantage.”

GiftCard.com is growing at a rapid pace, doubling its staff within the last 12 months and approaching $100 Million in gift card sales. After moving to the GiftCard.com domain, the company expects to reach 100% year-over-year growth, providing the Dallas workforce with new and exciting career opportunities.

@AndrewHazen

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