GoDaddy shares zoom 30% in post-IPO trading debut

GoDaddy, the giant Internet domain name registrar and Web-hosting company, saw its shares soar 30.8 percent in their debut on Wednesday as investors hoped a commanding market share and rising revenue would turn its history of red ink into profits.

But investor joy could be tempered as even larger rivals, like Amazon and Google, move into the space.

Amazon quietly stepped into the domain business in recent months — spending roughly $100 million to acquire top-level domains, including $4.6 million on “.buy,” according to Daniel Negari, the CEO of .xyz, who said he lost out to Amazon in an exchange-name auction.

More than 1,000 new Web suffixes are going on sale — from what had been just 22, including the familiar “.com,” “.net” and “.gov.”

Google has also gotten active in this area, outbidding Amazon earlier this year to buy the “.app” suffix for $25 million.

Neither Amazon nor Google is a domain registrar, so GoDaddy’s business in that area is safe for now.

GoDaddy has been the registrar for 60 million of the 300 million worldwide domain names, said Negari, who just bought “.rent.”

“I expect in the next five to 10 years, there will be 1 billion domain names.”

Later this year, the auction for “.web” is expected to fetch $50 million, .Club Domains CEO Colin Campbell told The Post.

Amazon declined comment.