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.com $1.2 mn MM.com sells again: More or Less, who knows?

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Arpit131

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The domain name MM.com has been confirmed sold!
The transaction took place last Wednesday, June 3, 2015 with the domain name being acquired by Jinxin Wang Luo of Fujian, China according to whois records.

Hangzhou Duomai E-Commerce Co.,Ltd, owners of the popular 4.cn website acquired the domain name MM.com in a $1.2 Million dollar purchase that was BROKERED by Sedo.com’s Dave Evanson.

Since the domain sold for $1.2 Million, just shy of 1 year ago and Jinxin was not willing to SHARE the current purchase price, we do not know if the domain sold for more than the $1.2 Million it did in 2014, but with the way the Chinese market is going currently for short .com domain names, the market is ripe for it selling for a profit.

Source: TheDomains

Do you think it sold for a profit? What could be right price according to you?
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
that's unbelievable I had no experience with sedo before but after seeing such news I am being more confident to their reputation and services wow
 
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