Sedo,the world's leading online domain name marketplace and monetization provider,announced the launch of a new Portuguese-language version of their website .

You can read the press release after the jump :

" Sedo, the world’s leading online domain marketplace and monetization provider, today launched a new website in Portuguese, expanding the reach and internationality of its marketplace. Already an industry leader, Sedo is the first international company in the domain space to introduce a site for the Brazilian market, with over 80 million internet users.

The e-commerce market in Brazil has been growing steadily, especially in recent years, when the economic strength of the country has increased the purchasing power of the middle class, who increasingly uses the Internet to do business. It is also worth to mention that with the exposure through events like the World Cup in 2014 and the Olympics in 2016, Sedo saw that Brazil is the new frontier in the growth of the online market in the world.

Portuguese is the most spoken language in the Southern Hemisphere.

Brazil alone represents a population of over 80 million internet users—the seventh largest internet market globally.

During 2012, there were 176 Sedo domain transactions involving Brazilian domain buyers, accounting for a total revenue of over $570,000 USD.

During the first half of 2013, there have been 90 Sedo domain transactions involving Brazilian buyers, accounting for revenue of over $500,000 USD for the year to date.

The highest value .br domain sales in 2012 were a confidential sale at $25,000 USD and despachante.com.br at $10,000 USD.

The highest value .br domain name sales in 2013 to date have been roupasdebebe.br and medicos.com.br, both at $10,000 USD.

Sedo’s CEO Tobias Flaitz commented on the new website: “Since Sedo was founded, we have been known as the only company who understands the global nature of the domain industry. The introduction of our Brazilian website continues that trend. We now make it easier for Brazilian clients to buy, park, and sell, but we also expand the potential audience of buyers for all our customers’ domains by a factor of millions.”

Sedo is the only domain industry business to offer a localized Portuguese website, following in the footsteps of other tech companies such as PayPal and LinkedIn who have launched sites dedicated to the Brazilian market. You can view the new Brazilian site at Sedo.com.br"