DOMAIN SALES
Dai Yue, founder of loupan.com and China.vc, acquired a double pinyin domain haozhai.com (haozhai: mansions) for a high-seven figure CNY price (close to $1.5 million USD). It is said that the seller once got $20 million USD offer for the domain and website.
Domainer Ma Yi bought Saosao.com for a mid-six figure CNY price (approximately $75K USD).
Double pinyin domain kaisen.com was sold for ￥40,893 CNY (approximately $6K USD) in an auction.
Triple pinyin domain quwanwan.com (qu: go, wan: play)was sold for ￥22,366 CNY (approximately $3K USD) in an auction.
10199.com was sold for ￥34,272 CNY (approximately $5K USD) in an auction.
905588.com was sold for ￥8,320 CNY (approximately $1K USD) in an auction.
Man.cn was sold for ￥300K CNY (approximately $45K USD) in an auction.
Ehb.com was sold for ￥152K CNY in an auction.
OTHERS
An online education platform KaoManFen(means Get Full Marks) upgraded their website domain from triple pinyin domain kaomanfen.com to KMF.com.
There is a rumor saying the fresh products e-commerce platform tablelife.com was shutting down. One relevant person in charge clarified that the company is just undergoing business model transformation.
According to Chaomi.cc, on 17th Aug., the total volume was 12,503 domains, and the total turnover was ￥522,544 CNY (approximately $78k USD). Due to the Mid-Autumn Festival, Chinese domain market has slowed down.
WARM NOTICE
We have been releasing newsletters to all English speaking domainers every Monday! We aim to present you the most interesting and insightful domaining news from China! Sign up here and meet us every Monday!
Dai Yue, founder of loupan.com and China.vc, acquired a double pinyin domain haozhai.com (haozhai: mansions) for a high-seven figure CNY price (close to $1.5 million USD). It is said that the seller once got $20 million USD offer for the domain and website.
Domainer Ma Yi bought Saosao.com for a mid-six figure CNY price (approximately $75K USD).
Double pinyin domain kaisen.com was sold for ￥40,893 CNY (approximately $6K USD) in an auction.
Triple pinyin domain quwanwan.com (qu: go, wan: play)was sold for ￥22,366 CNY (approximately $3K USD) in an auction.
10199.com was sold for ￥34,272 CNY (approximately $5K USD) in an auction.
905588.com was sold for ￥8,320 CNY (approximately $1K USD) in an auction.
Man.cn was sold for ￥300K CNY (approximately $45K USD) in an auction.
Ehb.com was sold for ￥152K CNY in an auction.
OTHERS
An online education platform KaoManFen(means Get Full Marks) upgraded their website domain from triple pinyin domain kaomanfen.com to KMF.com.
There is a rumor saying the fresh products e-commerce platform tablelife.com was shutting down. One relevant person in charge clarified that the company is just undergoing business model transformation.
According to Chaomi.cc, on 17th Aug., the total volume was 12,503 domains, and the total turnover was ￥522,544 CNY (approximately $78k USD). Due to the Mid-Autumn Festival, Chinese domain market has slowed down.
WARM NOTICE
We have been releasing newsletters to all English speaking domainers every Monday! We aim to present you the most interesting and insightful domaining news from China! Sign up here and meet us every Monday!
