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sales Alibaba Group acquired zmcredit.com | Chinese Market Daily Report on 03-06-2017

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Alibaba Group acquired domain names of zmcredit.com/.com.cn/.net in December of 2016. “ZM” is short for “zhima (sesame)”. Sesame Credit is a social credit scoring system being constructed by Ant Financial Services Group, an affiliate of the Chinese Alibaba Group.

Xiangjiao.com (means banana) just changed hands this afternoon, the sale price was not disclosed. The seller of xiangjiao.com is the co-founder of 1618.com.

The former owner of gdaq.com said he sold it for five-figure CNY price.

The seller of cx8.com posted in his wechat that he had sold it for a middle five-figure CNY price.

Ld5.com was auctioned for ¥20,000 CNY (approximately $2,894 USD).

62398.com was auctioned for ¥14,000 CNY (approximately $2,026 USD).

32738.com was auctioned for ¥13,800 CNY (approximately $1,997 USD).

916222.com was auctioned for ¥8,200 CNY (approximately $1,186 USD).

OTHERS

According to Chaomi.cc’s data, from March. 4th to 5th, the total sales volume was 8241, and the total sales turnover was ¥9,874,058 CNY (approximately $1,428,951 USD).
 
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Alibaba Group acquired domain names of zmcredit.com/.com.cn/.net in December of 2016. “ZM” is short for “zhima (sesame)”. Sesame Credit is a social credit scoring system being constructed by Ant Financial Services Group, an affiliate of the Chinese Alibaba Group.

I really like these insights. i.e. "“ZM” is short for “zhima (sesame)”. Sesame Credit is a social credit scoring system being constructed by Ant Financial Services Group, an affiliate of the Chinese Alibaba Group." Without you, we would not know things like this. Thanks for your work in posting this. :)
 
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