IF this is true very interesting

[equity78]

From SEDO NEWSLETTER



According to Chinese Media, Google is said to have bought the domains google.cn and google.com.cn for 1 million USD. Google first tried to acquire the domain through court, but Chinese authorities disapproved the case. If this deal actually has taken place, we have a new record for .cn-domain sales.

 

[labrocca]

Was it cash or stock options though?

 

[barefoottech]

With the Potential Market for Google in China and other chinese speaking Countries
Absolute Bargain

 

[JoshHendo]

It looks like this deal is true, well, the fact that google bought it is true. Go to www.google.ch and it comes up Google Chine! I would expect Google to have paied that much for it though :D

 

[wot]

It looks like this deal is true, well, the fact that google bought it is true. Go to www.google.ch and it comes up Google Chine! I would expect Google to have paied that much for it though :D

I think you mean www.google.cn ? Chine is China in French.

Did you get your .com.cn , .cn :blink:

 

[Beachie]

It looks like this deal is true, well, the fact that google bought it is true. Go to www.google.ch and it comes up Google Chine! I would expect Google to have paied that much for it though :D

.ch is the country code for Switzerland (google.ch is in German)

 

[ThreeD]

that is a bargain indeed. Whoever got the million bux however can now buy his own little part of china and settle down :D

 

[yesonline]

I think it is a hearsay news, such as Chinese press reported before, that a company bought zj.com for million us dollars, and a company bought qq.com for million us dollars, most of these are never been proved by anyone, just a hearsay story.
I don't think google NEED to spend a million us dollars to buy their own trademark name in China. If they want, they might use a law suit to do this job, and the chances are very very good for google to win.

 

[markits]

The true story is google.com.cn and google.cn sold as a package for one million.
Google.com.cn receives much more traffic than google.cn.

I think it is a hearsay news, such as Chinese press reported before, that a company bought zj.com for million us dollars, and a company bought qq.com for million us dollars, most of these are never been proved by anyone, just a hearsay story.
I don't think google NEED to spend a million us dollars to buy their own trademark name in China. If they want, they might use a law suit to do this job, and the chances are very very good for google to win.

Google had made attempt to grab back google.com.cn through court, but failed. The owner of google.com.cn hired a top lawyer to deal with this.

ZJ.com was bought by the government of Zhejiang province for one million Chinese yuan (equals to $125,000 USD).

 

[primacomputer]

The original owner is a known cybersquatter who has lost major ,cn disputes before. They did, however, manage to hold on to this name a couple years back when Google filed a dispute. The reasoning behind CNNICs decision to reject the transfer is questionable, but likely protects the cybersquatter until things in China change substantially. It seems Google was forced to cut a deal with them, although I would not be surprised if it was less cash and more shares.

And the moral of the story is, if someone isn't already into China go register their .cn name and make some money of it when they move in.

 

[markits]

I was told (through an online chat with a Chinese knowledgeable buddy) that the lawyer of the original owner simple stuck to the facts that neither had google operated their business in China before and nor did they register their trademark in China.

 

[wot]

The original owner is a known cybersquatter who has lost major ,cn disputes before. They did, however, manage to hold on to this name a couple years back when Google filed a dispute. The reasoning behind CNNICs decision to reject the transfer is questionable, but likely protects the cybersquatter until things in China change substantially. It seems Google was forced to cut a deal with them, although I would not be surprised if it was less cash and more shares.

And the moral of the story is, if someone isn't already into China go register their .cn name and make some money of it when they move in.

Furthermore in China "copyright" is interpreted as "right to copy" :hehe:

 

[Mark]

It is pretty interesting .... A lot of countries aren't as forgiving as US ™'s are to US held companies especially .... I still don't like this type of "Squatting" though .... it would be different if it were a Generic term of some sort - But google is pretty much theirs alone ~

 

[DJ_Guvana]

I would have loved to own that website. Id be rolling in some cash right about now

 

[primacomputer]

I was told (through an online chat with a Chinese knowledgeable buddy) that the lawyer of the original owner simple stuck to the facts that neither had google operated their business in China before and nor did they register their trademark in China.

This is basically what was said in the decision. I would argue that the moment Google went on the net they were doing business in China and every other country. Oh dear, did I just agree with the French WWII memorabilia Nazis?

I do believe that countries should have a high degree of control over how their ccTLDs are run. These countries need name space, and the best .coms were gone before many ccTLDs were available for registration. But this is just plain passing off. In a real, international UDRP Google would have won. And while I agree that it is Chinas right to do things their own way they have to appreciate that when they do things like this they only reinforce peoples stereotype of them being a chicken shit third world country full of spammers and cybersquaters.

Furthermore in China "copyright" is interpreted as "right to copy" :hehe:

Too true

 

[StudioWorks]

Anyhow I think it's a amazing sale.

- SW

 

[floatingworld]

Furthermore in China "copyright" is interpreted as "right to copy" :hehe:

...this is er true, but things are beginning to change as China is now a member of thhe WTO. (world trade org)

 

[primacomputer]

...this is er true, but things are beginning to change as China is now a member of thhe WTO. (world trade org)

They certainly are. Used to be you'd have a handful of scammers selling copy bags, copy watches and copy software on the streets outside the Shenzhen train station. Now they've built a whole shopping mall there for these guys. You can buy a knock off of just about anything you want, cloths, sun glasses, even a full set of golf clubs.

And now it seems they are selling copy domain names. What will they think of next?

 

[mole]

And now it seems they are selling copy domain names. What will they think of next?

Well, someone in China didn't want anyone to copy oneworldonedream.com

 

[NeoGen]

This is interesting for sure!

Any idea who has yahoo.cn and msn.cn ?