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IQ.com moves to Chinese ownership

Labeled as news in Domain Industry News, started by Acroplex, Feb 25, 2020

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754

  1. Acroplex

    Acroplex Top Member DomainGang.com PRO VIP ★★★★★★★★★★

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    IQ.com has been sold, and we can only speculate about the price paid to acquire this premium LL .com domain (millions of dollars!)

    According to domain name specialist, Jamie Zoch, the sale of IQ.com by Salesforce takes the domain to Chinese hands, video platform IQIYI.
     
    Last edited: Feb 25, 2020
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  2. mr.mu

    mr.mu Established Member

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    Great domain, video platform IQIYI is the company Baidu.com, big company!
     
  3. Acroplex

    Acroplex Top Member DomainGang.com PRO VIP ★★★★★★★★★★

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    Thanks! This makes the sale even more financially sound.
     
  4. Kassey Lee

    Kassey Lee 域名世界 VIP

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    iQiyi (爱奇艺) is listed on Nasdaq. In terms of branding, the name is slightly difficult to remember because i Qi Yi is not perfectly Pinyin. The Pinyin name could have been Ai Qi Yi. IQ.com is 2L which is favorite upgrade by Chinese companies, such as JD.com, BL.com, XC.com, Le.com, and many more. Rebranding to IQ may be coming. IQ is better than iQiyi as a global brand, imo.
     
  5. Shaan Chopra

    Shaan Chopra Established Member

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  6. AdamFL

    AdamFL Established Member

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    Can't wait to know the price if ever revealed.
     
  7. wwwweb

    wwwweb Top Contributor VIP ★★★★★★★★★★

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    I can't believe they got salesforce to give up this name, could not have come cheap for sure. Great buy, and they love that Q in that marketplace. Salesforce has a $163B market cap, so you really need to get their attention in order to acquire from them.

    I would think it would be 7 figures at least, so hopefully it gets disclosed in their financials. Salesforce has always had a good domain strategy, and own some great names.
     
    Last edited: Feb 25, 2020
  8. Acroplex

    Acroplex Top Member DomainGang.com PRO VIP ★★★★★★★★★★

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    Salesforce is shutting down SalesforceIQ which is the main reason why the IQ.com domain was acquired in 2014.
     
  9. wwwweb

    wwwweb Top Contributor VIP ★★★★★★★★★★

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    I guess FMA's AI.com is the next target for someone. Saw looks like they are ready to start moving that portfolio.
     
  10. HappyW

    HappyW Collector VIP

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    I think it should be 8 figures.Just like JD dot com long ago, and last year's KEEP dot com and XA dot com.
     
  11. .X.

    .X. In God I Trust VIP Gold Account ★★★★★★★★★★

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    a beautiful name IQ.com , a great acquisition at whatever price they paid, which i agree had to have been several millions to get it, they will make their money back fairly quick though IMO
     
  12. xcloud123

    xcloud123 Established Member

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    iqiyi 's parent company Baidu has bad reputation,most people in china hate it, it owns 91.com kk.com , but so what ~~~ Baidu run its subsidiary worse everyday
     
  13. Jimmysun

    Jimmysun Established Member

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  14. Pay.My.id

    Pay.My.id Established Member

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    Chinese buyers really great on premium domain
     
  15. platey

    platey Top Contributor VIP

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    Considering the size of both companies and the quality of the two letter. Com it must have sold for in excess of $10m+
     
  16. Levi Zheng

    Levi Zheng Established Member

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    Curious on EQ .com
     

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