|Priority #:||896 - MIH PayU B.V.|
It was revealed in June 2013 that the applicant had scored 0 points in the financial section of its application and thus failed initial evaluation. It requested and subsequently passed Extended Evaluation.
The following is excerpted from the applicant's response to question #18:
"IH PayU BV (the Company) is a limited liability company with its legal seat in Hoofddorp. The Company address is Taurusavenue 105, 2132 LS in Hoofddorp. The Company is a wholly-owned subsidiary of MIH Allegro BV, and ultimately, of Naspers Limited, South Africa. The principal activity of the Company is holding investments. The Company is incorporated on 14 February 2011. The Company acts as an intermediate holding company, that, together with its subsidiary, is consolidated by Naspers Limited, South Africa, a company with significant international operations. Naspers is a multinational media company with principal operations in electronic media (including pay-television, internet and instant-messaging subscriber platforms and the provision of related technologies) and print media (including the publishing, distribution and printing of magazines, newspapers and books). The proposed (.payu) gTLD is a restricted, exclusively-controlled TLD[.]"
- Reveal Day 13 June 2012 – New gTLD Applied-For Strings
- ICANN has 99 gtld passes but payu aint one, DomainIncitePublished and Retreived 21 June 2013
- 3 New gTLDs Pass Extended Evaluation, Domain Incite Retrieved 02 Dec 2013
- Application Download, gTLDresult.ICANN.org Retrieved 21 Feb 2013