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news Did GoDaddy Sell Nubia.com to Nubia for $2 Million?

NameSilo
Rumors are flying and Chinese news sites are reporting the sale of Nubia.com to mobile phone maker Nubia for US$2m. Some sources have speculated that GoDaddy was the seller.

According to the news release from mobile news site Qudong, Nubia.com (reported as "nubia.con" due to a typographical error) was owned by GoDaddy and the buyer is ZTE, owner of the Nubia brand, which paid US$2m for it.
在此之前,努比亚品牌nubia.cn和nubia.com.cn都属于努比亚公司所有,但是真正的域名nubia.con却被美国最大域名服务商Godaddy所拥有。Com为国际域名后缀,努比亚公司自然不会放过,根据最新消息,中兴公司已经斥资200万美元,购回了nubia.com域名,根据相关分析人士认为,这很有可能成为努比亚国际化的重要开始。

Sohu also mentioned GoDaddy was the registrant owner and further added that the purchase is to enable Nubia to go global:
而Nubia.com则被美国最大域名服务商Godaddy注册拥有。

The domain name is not resolving at the time of publishing, but a placeholder for the new website was briefly shown:
Nubia Smartphone

2016, wish we could tell you more
www.nubia.com
Coming soon!
ss2.jpg     ss.jpg

Techweb.com.cn disclosed the source of its news as Weibo user Shu Ma Feng Bao (nickname) who said that Nubia bought Nubia.com from a mysterious US citizen for $2 million.

C114.net commented that this purchase indicates that Nubia will be entering the global market in full force, in response to its earlier announcement of going fully global. The company has already established presence in Russia, India, and South East Asian countries.

eName gave more details, showing a Whois record of Nubia.com updated on December 23, 2015 with the new registrant being Nubia Technology and the registrant email address ending with @zte.com.cn. This shows that Nubia was the buyer and it is related to ZTE. Regarding the seller, eName also stated that the seller is a mysterious US citizen:
是从一个美国籍神秘人士手中收购的

I did some research with help from Eric Lyon, and this is what I've found:

Regarding the seller, it seems that GoDaddy was the registrar of Nubia.com for many years, from at least 2007 to 2014. During that time, the domain name was parked and its registration was kept private using GoDaddy's Domains By Proxy® service. From its historical Whois records, it's not possible to confirm whether GoDaddy owned the domain name.

Regarding the buyer, eName's Whois screenshot confirms that Nubia is the new owner. While Nubia's corporate site does not explain its relationship with ZTE, Baidu Baike (translation: "Baidu Encyclopedia") says that the company was founded in 2012 as a ZTE subsidiary but changed its name to Nubia in June of 2015.

Regarding the sale price, all 10+ Chinese sites that I checked reported the US$2m price tag, though no confirmation has come from Nubia yet.

According to its corporate site on Nubia.cn, the brand was created in 2012. In 2014, Nubia became the talk of town when President Jinping XI was seen using Nubia Z5 Mini to snap shots at a soccer game in Germany. The brand "Nubia" is the name of one of the birthplaces of ancient civilization with deep and rich culture. In this particular case, the company started with a non-Chinese name and then translated it phonetically to its Chinese brand 努比亚, which has no intrinsic meaning.

This expensive acquisition of a .com name indicates China's huge appetite for global brands built on the .com namespace. If you own a .com domain name, you may want to do your research to find out whether the same name is already being used by a Chinese startup.
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
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I have sixty 5-letter brandables. I don't have guts to quote this kind of amount.

Mind blowing if it is true.
Yes, just amazing!
 
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Also interesting is the Chinese news website C114.net ... but people keep filtering 4's because Chinese don't want them... Yeah right!
Tell that to 4.cn, such name brought them so much bad luck! But still people keep telling the same old stories, as if things didn't change.
Good observation!
 
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Probably this one is simply better for a global brand, because it's easily pronounceable, brandable, short, easy to spell and remember. Even for Chinese I guess.
Agee. Some companies start from an English name and then work back to find a Chinese name. Alibaba is an example. Jack Ma found this name when he was in the US.
 
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I would add one more thing. There are also a lot of brands operating in China with western looking and sounding websites, like ZTE with their Nubia Band. Probably not in the majority, but lots of major brands. If you have the equivalent .com, it's probable you are in for a good payday somewhere down the line.
Yes, that's why it's important to check the .com.cn and .cn extensions of your domain names.
 
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If the domain was parked, there was no trademark issues?
Parking in many cases have invited UDRP, but not sure about this case.
 
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Surely as the company was founded some years after the registration of the domain a UDRP claim would have proved difficult to prove?

If the new owner of the domain (if it did indeed actually change hands in 2014 and was not just an administrative change of registration) then if it was not parked from the change of registrant there would be no 'bad faith' by the new owner. As I have read the story it would seem that a UDRP case would be hard to establish, hence the purchase. :lookaround:
 
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Chinese copyright doesn't work like US, so it makes sense why they just brought the name directly.
 
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They do. Check it out. Compare the logo even if you can't understand Chinese.

It was a rhetorical question based upon the message I was replying to.
 
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It was a rhetorical question based upon the message I was replying to.
It just shows how challenging it is to try to understand humor etc. from another culture. I didn't get until until I went to Wikipedia and got "A rhetorical question is a figure of speech in the form of a question that is asked in order to make a point rather than to elicit an answer" Happy New Year to you stub. Something learned.
 
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You're welcome @Kassey Lee. Happy New Year to you and all NP members
 
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On December 30, Nubia released a teaser via its offical microblog Weibo account.

“Hello, World. 1月5日,全新发布!”
Roughly translated: "Hello, World. January 5, the new release!"

The picture shows the outline of a mobile phone and part of the Earth, suggesting the company may have a new mobile phone to launch on January 5 for world markets.

http://www.ithome.com/html/android/198002.htm
 
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Nubia.com went live on Jan 5 and has replaced Nubia.cn as the company's official website. Nubia.cn now redirects to Nubia.com. Many news sources have reported on this launch but I have found not even one mentioning Godaddy as the seller, so GD was just a rumor after all.
 
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