The market in China is still soft. After
Domain Fest in
Hong Kong and a quick trip to nearby China to meet investors, it seems like everyone is watching the market from the sidelines. Ron Jackson from
DnJournal reported one of the lowest week for sales this year; even the domain da.com sold for only $650,000. While you might think that $650k is a fair price for a domain with a,e,i,o,u,v, “da” in mandarin is the natural and most used word for “big, large”, therefore seeing such a huge keyword selling for so little, it is not a good sign.