You may be aware that the domain name JG.com was put up for auction recently on NameJet, given the fact that it has received a lot of exposure. The highly sought after two-letter .COM domain that was owned by BrokerageFirm.com (according to a recent screenshot) has just sold on NameJet in a no-reserve auction after a bidding war between two NameJet users.
The final sales price was $1,035,000 and sets the record for the largest domain name sale at NameJet, beating the previous highest GJ.com that was sold on the auction platform earlier this year.
Along with two-number .COM's, two-letter .COM's are extremely popular with investors from China, with over 20% of all 676 possible names being owned by Chinese companies or individual investors according to a recent statistic tweeted by George Kirikos.
Naturally, this sale ranks as one of the highest publicly recorded sales of the year, and it comes in at number two on DNJournal's highest sales of the year chart, behind Rick Schwartz's sale of Porno.com for $8,888,888.
The domain GJ.com sold for $694,095 on NameJet in October, and it was revealed here on NamePros that the name has been resold for an undisclosed price.
Other publicly recorded two-letter .COM sales from this year include PX.com for $1,000,000 (see my interview with the owner of PX.com here), NL.com for $575,000 and SX.com for $555,050.
According to NamePros user @ChinaMobi, JG translates to several different meanings:
2015 has been an excellent year for NameJet, selling over $1 million worth of domain names in a month in July, September, October, November, and now December. The auction platform now holds three places on DNJournal's top 10 domain sales of the year.
With the NamesCon auction being hosted at NameJet, expect more records to fall in January.
The final sales price was $1,035,000 and sets the record for the largest domain name sale at NameJet, beating the previous highest GJ.com that was sold on the auction platform earlier this year.
Along with two-number .COM's, two-letter .COM's are extremely popular with investors from China, with over 20% of all 676 possible names being owned by Chinese companies or individual investors according to a recent statistic tweeted by George Kirikos.
Naturally, this sale ranks as one of the highest publicly recorded sales of the year, and it comes in at number two on DNJournal's highest sales of the year chart, behind Rick Schwartz's sale of Porno.com for $8,888,888.
The domain GJ.com sold for $694,095 on NameJet in October, and it was revealed here on NamePros that the name has been resold for an undisclosed price.
Other publicly recorded two-letter .COM sales from this year include PX.com for $1,000,000 (see my interview with the owner of PX.com here), NL.com for $575,000 and SX.com for $555,050.
According to NamePros user @ChinaMobi, JG translates to several different meanings:
激光 (laser), 价格 (price), 架构 (architecture), 坚果 (nut) and 景观 (landscape). This domain name can easily be resold to an end user with the “price (价格)” translation probably having the most commercial use.2015 has been an excellent year for NameJet, selling over $1 million worth of domain names in a month in July, September, October, November, and now December. The auction platform now holds three places on DNJournal's top 10 domain sales of the year.
With the NamesCon auction being hosted at NameJet, expect more records to fall in January.
