.com Meirong.com Sold For 7 Figure CNY Price

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Arpit131

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Another big deal was completed yesterday, Meirong.com (means “Beauty”) was sold for middle 7 figure price, the buyer was a Chinese investor. In my memory, the seller just sold his domain name of Lian.com (means “connecting” “face”) more than ¥3.5M CNY (approximately $525k USD) in the beginning of August. I have to say the seller has had a big harvest in August.

67y.com was sold for middle five figure CNY price.

The website of Maiche.com (means “Buy Car”) was launched, Maiche.com was sold for ¥10M CNY (approximately $1.5m USD) in 2015. The buyer was Lei Jun (CEO of Xiaomi Inc.), but he gave it to a company that he invested in, Mucang.cn.


According to Chaomi.cc, on Aug. 24th, the total volume was 8407 domains, and the total turnover was ¥517,097 CNY (approximately $77k USD). Compared to Aug. 23rd, the transaction volume decreased 29.5% and total turnover decreased 46.3%.


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