Do you have a .eu domain? Today someone from the SEO agency team is looking at .eu domains and whether they have any SEO value.

Our research has uncovered most .eu domains were registered to prevent
cyber squatters or in a land grab capacity. Many of the .eu domains
will be pointing to already established company domains and few will be
used in their own right. This is probably the main reason why we don't
see many .eu results in the SERPS (search engine results pages).

Many businesses buy multiple domains. There are a couple of reasons for this one is to buy all the variations of your branded URL to prevent any competitors or affiliates stealing your site traffic. The other is buying keyword rich domains hoping to benefit from the type in traffic. Type in traffic is when someone goes directly to the address bar and types in for example seoagency.com.