Business
Infibeam selects CentralNic for .ooo distribution
Infibeam selects CentralNic for .ooo distribution.
About this update from Team Internet Group Plc
[{"type":"text","content":"\n \nRNS Number : 0661I CentralNic Group PLC 19 March 2018 \n\n \n \n \n\n\n\n\nPress Release\n\n\nMonday 19 March 2018\n\n\n\n\n \n \nCentralNic Group plc\n \n(\"CentralNic\" or \"the Company\" or \"the Group\")\n \n \nIndian e-Commerce conglomerate Infibeam Incorporation Limited\nselects CentralNic for distribution of its TLD .ooo globally \n \n \nCentralNic, the global software platform company supporting subscription web services including domain names, is pleased to announce that it has secured the distribution contract for the Top Level Domain .ooo from Infibeam Incorporation Limited (\"Infibeam\"), an e-commerce conglomerate company listed on the India Stock Exchange (BSE/NSE) with a market capitalisation of over USD $1 billion. \n \nIn the fast growing e-commerce industry, Infibeam operates a unique business model with a mix of Infibeam's shopping destination and Infibeam Web Services, which include an online ecommerce platform, payments, logistics and digital marketing to merchants globally. The .ooo registry business places Infibeam in a strong position as an exciting new affordable alternative to .com tailor-made for large-scale usage in existing and emerging markets, along with being a digital transformation tool for existing businesses to find online markets and for new business ideas to be realised. In addition to this, in Russia and other markets, \"ooo\" is a common abbreviation for \"Limited Liability Company.\" \n \n \nCentralNic CEO Ben Crawford said, \"Anyone who has followed the Infibeam story from its launch only ten years ago to its current scale and growth rate could not doubt that Vishal Mehta and his team have the expertise, resources and track record of success to make .ooo a leading global domain. We are delighted to have been chosen as their partner for the global expansion phase of this business, as the first step towards a closer cooperation between our companies.\" \n \nVishal Mehta, Managing Director Infibeam Incorporation Limited said: \"The .ooo internet registry platform is amongst our top business portfolio offerings. We are hap...