Auction for qiche.com domain name closes at $2 million +

[Arpit131]

"An auction for “Car” in Mandarin Pinyin has closed for a staggering amount.

An auction for qiche.com, which means “car” in Mandarin Pinyin, has closed for more than $2 million on Chinese domain trading platform eName.

The auction closed just after 10 am EDT today with 485 bids and a final price of 12.85 million yaun. That’s equivalent to 2.07 million USD."

Source: DomainNameWire

 

[forge]

holy mackerel

 

[The New Guy]

I shouldn't have past this one over when it dropped - I thought it was just a typo of 'quiche'

 

[guilty]

And I am here thinking I paid so much for my $1500 domain.

 

[Arpit131]

This one is a great sale! Hefty price though!
Do you not consider it overpriced??

 

[theSun]

The buyer got epic rickrolled for this garbage. This domain is worth $125 frankly speaking.

 

[mitch007]

Come on. This crappy domain sold for HOW MUCH? 2 million dollars? This has got to be a joke...... and how many bids? 485? LOL

Dont believe everything you hear on the Internet?

 

[guilty]

Why is everyone hating on this sale?! The domain name has a meaning in Chinese. It means car. A domain name doesn't have to have an English meaning to be high in value.

 

[namezest]

Well Confucius say one mans junk is another man treasure

 

[Domainace]

Not a bad price. Considering a billion potential car buyers in China, and that it's a relatively unsaturated markets, $2 million isn't much.

 

[S-B]

Hmm. If I cashed in all of my change I could have won this sucker!