sales 1,470 4-Letter .com were just acquired by a Chinese domainer

[DN.com]

DOMAIN SALES

Chinese domainer Nifeng acquired 1470 4L.com domains (without vowel) at yesterday afternoon. According to the current market price of 4L.com, the total amount was more than a eight-figure CNY price. He already owns about 2000 4L.com domains now. He said he invested 4L domains because of he thought it is worth long-terms investment.

Chinese pinyin domain name WeiTao.com was just changed hands yesterday, the price was not disclosed. Both seller and buyer are famous domainers in China, the seller is Leizhu, the buyer is Shanren. Leizhu acquired it from Mike Cai with ￥2.6m CNY in December 2015. Even though the transaction’s price was not disclosed between Leizhu and Shanren, but it should be a seven-figure CNY price.

Rf.cn was auctioned for ￥654,321 CNY (approximately $94,555 USD) at wanming.com.

Yangtao.com was auctioned for ￥570,000 CNY (approximately $82,369 USD) at jinpai.com. “Yangtao”means Carambola in Chinese.

83.net was auctioned for ￥570,000 CNY (approximately $82,369 USD) at wanming.com.

Xiaobao.com was auctioned for ￥440,000 CNY (approximately $63,583 USD)at jinpai.com.

Wxd.com was auctioned for ￥296,000 CNY (approximately $42,774USD).

Ztq.com was auctioned for ￥247,678 CNY (approximately $35,791 USD).

Lyp.com was auctioned for ￥246,000 CNY (approximately $35,549 USD).

Meigong.com was auctioned for ￥200,000 CNY (approximately $28,901 USD), but didn’t meet it’s reserve price.

2863.com was auctioned for ￥192,000 CNY (approximately $27,745 USD).

2861.com was auctioned for ￥191,000 CNY (approximately $27,601 USD).

3311.cc was auctioned for ￥77,500 CNY (approximately $11,199 USD).

Pai.vip was sold for ￥68,000 CNY (approximately $9,826 USD) to an end user.

OTHERS

According to Chaomi.cc’s data, on Jan 5th, the total sales volume was 9848, and the total sales turnover was ￥6,435,851 CNY (approximately $930,036USD).

 

[wwwweb]

DOMAIN SALES

Chinese domainer Nifeng acquired 1470 4L.com domains (without vowel) at yesterday afternoon. According to the current market price of 4L.com, the total amount was more than a eight-figure CNY price. He already owns about 2000 4L.com domains now. He said he invested 4L domains because of he thought it is worth long-terms investment.

Chinese pinyin domain name WeiTao.com was just changed hands yesterday, the price was not disclosed. Both seller and buyer are famous domainers in China, the seller is Leizhu, the buyer is Shanren. Leizhu acquired it from Mike Cai with ￥2.6m CNY in December 2015. Even though the transaction’s price was not disclosed between Leizhu and Shanren, but it should be a seven-figure CNY price.

Rf.cn was auctioned for ￥654,321 CNY (approximately $94,555 USD) at wanming.com.

Yangtao.com was auctioned for ￥570,000 CNY (approximately $82,369 USD) at jinpai.com. “Yangtao”means Carambola in Chinese.

83.net was auctioned for ￥570,000 CNY (approximately $82,369 USD) at wanming.com.

Xiaobao.com was auctioned for ￥440,000 CNY (approximately $63,583 USD)at jinpai.com.

Wxd.com was auctioned for ￥296,000 CNY (approximately $42,774USD).

Ztq.com was auctioned for ￥247,678 CNY (approximately $35,791 USD).

Lyp.com was auctioned for ￥246,000 CNY (approximately $35,549 USD).

Meigong.com was auctioned for ￥200,000 CNY (approximately $28,901 USD), but didn’t meet it’s reserve price.

2863.com was auctioned for ￥192,000 CNY (approximately $27,745 USD).

2861.com was auctioned for ￥191,000 CNY (approximately $27,601 USD).

3311.cc was auctioned for ￥77,500 CNY (approximately $11,199 USD).

Pai.vip was sold for ￥68,000 CNY (approximately $9,826 USD) to an end user.

OTHERS

According to Chaomi.cc’s data, on Jan 5th, the total sales volume was 9848, and the total sales turnover was ￥6,435,851 CNY (approximately $930,036USD).

Show attachment 46272​

That would represent 1% of the total 4L.com chip market, pretty big stake, meaning he now owns 2.5% of all 4L chips.

About $12.5K annual renewal on those, probably paid about $1200 each.

 

[platey]

That would represent 1% of the total 4L.com chip market, pretty big stake, meaning he now owns 2.5% of all 4L chips.

About $12.5K annual renewal on those, probably paid about $1200 each.

he can't lose long term


even if he kept them for 10 years or so they would significantly increase in value far more than renewal cost

 

[wwwweb]

he can't lose long term


even if he kept them for 10 years or so they would significantly increase in value far more than renewal cost

It is a $2M outay practically, hard to say, the price could stay flat, and he could lose. It really depends how marketable the letters are. There are plenty of people who said the same thing Dec 2015, and they took a bath.

 

[platey]

It is a $2M outay practically, hard to say, the price could stay flat, and he could lose. It really depends how marketable the letters are. There are plenty of people who said the same thing Dec 2015, and they took a bath.

its either a gamble or calculated risk or an extremely good investment

only time will tell

but the best investments are made by buying when people are selling which means the price you buy at is much cheaper including long term profit

its also effectively buying market share because eventually the world will have go buy their domain names from Chinese investors because they will end up owning vast chunks of the digital space

 

[wwwweb]

its either a gamble or calculated risk or an extremely good investment

only time will tell

but the best investments are made by buying when people are selling which means the price you buy at is much cheaper including long term profit

its also effectively buying market share because eventually the world will have go buy their domain names from Chinese investors because they will end up owning vast chunks of the digital space

From the start of the net to 2014 non worded 4L.com chips could be bought for $15-100 easily, check the threads on namepros. It wasn't until the Chinese tried to control supply, and demand did people take notice.

https://www.namepros.com/threads/nice-cheap-llll-coms-more-take-a-look.221203/#post-1381041

https://www.namepros.com/threads/manic-finds-available-domains.43508/page-12#post-1130653