New Net Names to Change the Future of Online Shopping

Nine new web address suffixes have been made available as the net names system undergoes a radical shake up. The names include .bike, .clothing, .singles and .guru.

The new domain names are currently open only to those with registered trademarks and are formally known as generic top level domains. They will be open to the general public at the end of January 2014.

New names are expected to be released at a rate of about ten a week, and a whopping 1'400 new gtld's are expected to come online in the next few years.

The internet Corporation for Assigned Names and Numbers (ICANN) believes that the new set of names will transform online businesses.

Jan Corstens, project director of Icann's Trademark Clearinghouse said: "From fashion brands and dating agencies, to spiritual healers and cycle advocates, the launch of these new domains mean consumers can easily find specific content within each extension, while businesses will benefit from a stronger and more relevant online proposition."

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