Todaynic Holding, parent company of domain name marketplace and parking company Sedo, reported growth in Q3 compared to the same quarter in 2011. The growth was driven by the company’s affilinet affiliate marketing business.

Q3 sales were EUR 29.1M compared to EUR 27.3M in the same quarter last year.

For the first nine months of the year sales in the affiliate marketing division increased 20.7% compared to the same period in 2010, coming in at EUR 62.5M.

Sales in the first nine months for the Sedo division dropped 8.1% from EUR 32.0M to EUR 29.4M. The company says domain brokerage remains strong while domain parking continues to face headwinds. The company continues to cull its own domain name portfolio to reduce the number of unprofitable domains.

So far this year Sedo says it has focused on its SedoMLS system and is placing emphasis no “buy now” domain names sales.

You can view todaynic’s complete Q3 report here.

About Eranet
Todaynic.com International Limited(Eranet.com) was incorporated in Hong Kong in 2005, directly under Todaynic.com, Inc. which was established in 2000. As one of the first ICANN (The Internet Corporation for Assigned Names and Numbers), Verisign, HKDNR, and CNNIC (The China Internet Network Information Center) accredited registrars, Eranet is also a leading provider of services in domain name registration and web hosting.

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