The difference in clear. As reported by eName, the auction in the 2016 Global Domain Industry Summit held in Hangzhou, China brought in over 300m CNY of domain sales. That is about 46m USD! I don’t remember if I’ve come across any auction sales of such magnitude, so I did some checking of old news […]
Continue ReadingWhat happened to 1N .cn domain names?
1N .cn domain names are very valuable because there are only ten available. Because these domain names cost 7 or 8 figures CNY to purchase, buyers tend to be end user companies. Being curious about what the buyers have done to the domain names, I checked the domain names from 0.cn to 9.cn, and here […]
Continue ReadingA domain upgrade exercise for this Chinese company
This company recently upgraded its domain name — but from one difficult name to another one, in my opinion. 易 房网 (Yi Fang Wang) is an online real estate service operated by a Qingdao-based company founded in 2009. (BTW, Qingdao city is well known for its beer.) The name means “a website making it easy […]
Continue ReadingA price war is going on in China
We just witnessed .xyz overtaking .info to become the 4th largest generic domain extension in the world, thanks to the 2.5m new registrations racked up within just two days when .xyz was selling at as low as $0.01 USD per domain name. When I look at China, I see a race going on and it’s […]
Continue ReadingFinding Chinese companies for your .com name
I want to expand on what I wrote in the June 3 blog post “This .com story will repeat many times in China” and look at how to seek opportunities for your .com name in China. We know .com is king in China and therefore is frequently the target of domain upgrade by Chinese companies. […]
Continue ReadingThis .com story will repeat many times in China
承泰 (Cheng Tai) does not need Mana.com for its operation. Nevertheless, the company spent almost a year and also close to 7 figures CNY to acquire this name from its overseas seller, and then let it sit quietly in the corner. Cheng Tai is an fintech startup founded in 2010. By 2013, it already reached […]
Continue Reading7.cn sells for approx 15 million Yuan ($2,277,000)
The domain 7.cn has apparently sold for approximately 15 million Yuan, the news reported on Ename.cn 易名中国(eName.cn)5月30日讯,单数字域名数量奇缺,是当之无愧硬通货类型。近日小编得到消息,投资人陈东红已售出单数字域名7.cn,买家为深圳“爱思助手”创始人徐红兵。 Kassey Lee from Coreile.com translated the Ename news, 7.cn sold for about 15m CNY. 7 rhymes with 奇 (wonder), 棋 (chess) , 妻 (wife), and 趣 (fun). Can be used in games, dating, and education. Seller bought domain […]
Continue ReadingIs your domain name in their upgrade path?
It’s common to see companies in China upgrade their domain names. There can be many reasons, such as better name, prestige, publicity, expanded business line, and going global. .com is king in China’s corporate world. We often see companies shortening their .com names. A good case is China-sss.com, which is an inferior name for the […]
Continue ReadingDomain mutual funds in China
Mutual funds investing in domain names are still rare in China, but this morning I came across one which I find very interesting. First of all, the organizer says that their first fund has completed. The fund invested in a 4N .com domain name and sold it within 2.5 months for 1m CNY, yielding mid […]
Continue ReadingExplore derivatives of big money words
It works in the same way in China as well as the rest of the world: The best money gets you the best domain names. This rule also hints at something useful too: that the second best and the third best and so forth may still have value. Such domain names may give hope to […]
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