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Analyst Blog

Leading domain registration and web hosting provider GoDaddy Inc. (GDDY - Snapshot Report) has really drummed up its business in the U.K. The company has more than 1 million registered domains in the country now. 

GoDaddy stated that it has increased its UK domains under management by more than 50% in the last two years. It also claims that about 25% of U.K’s most popular domains are now registered through GoDaddy.

In the U.K., GoDaddy has taken a number of steps to make sure that customers have greater control over their online identities. While helping entry-level businesses with affordable and easy-to-use solutions, the company offers a comprehensive portfolio of virtual, dedicated and cloud servers, and security and productivity solutions to the experienced ones.

The company offers advanced hosting, cloud management and a dedicated reward program tools that benefits web developers and designers by saving time and money.

With GoDaddy, marketers in U.K. can sort out the most difficult of the issues such as that related to security, social media, online marketing and brand building.

About GoDaddy

GoDaddy is engaged in the designing and development of cloud-based technology products for small businesses, web design professionals and individuals. The company’s industry peers include big names such as MakeMyTrip (MMYT - Snapshot Report) , CafePress (PRSS - Snapshot Report) and GrubHub (GRUB - Snapshot Report) .

The company incurred greater-than-expected loss in the second quarter but revenues beat the Zacks Consensus Estimate. Going forward, investments in products, the technology platform and customer care as well as delivery of innovative and increasingly personalized products and services globally should drive shareholder value.

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