new gtlds China conference leads to 49% .vip spike

[Arpit131]

The Global Domain Industry Conference, held in China over the weekend, has led to a huge boost in .vip domain sales.

Registry Minds + Machines told the markets this morning that the recently launched gTLD hit 404,892 as of 1600 UTC yesterday, up 49% from Friday.

CEO Toby Hall confirmed that China is very much behind the spike, and that the conference helped raise the profile of .vip.

Billings and orders have now hit $5.5 million, up from $3.2 million on May 22, M+M said. That number includes sunrise and premium sales.

At GDS, M+M sold eight .vip domains auction for a total of $232,000 before auction commissions, which very likely inspired the spike in base-fee registrations.


Source

 

[deez007]

Nice!.... good to see .VIP holding up a strong sales track record since it's launch.

 

[E-Promote]

Because all "great ideas" require an influx of lemmings.

 

[Kate]

Apparently, China has a lot of first-time 'investors' who are going to get burnt badly. Simply put, there are no end users to absorb the enormous supply of garbage TLDs being registered. What are they thinking ? Applies equally to .top .xyz etc.

 

[Michael R.]

Apparently, China has a lot of first-time 'investors' who are going to get burnt badly. Simply put, there are no end users to absorb the enormous supply of garbage TLDs being registered. What are they thinking ? Applies equally to .top .xyz etc.

Simple and so true.