Telstra pays $254M for China site

[midnight251]

Full article.

http://edition.cnn.com/2006/BUSINESS/08/31/australia.telstra/index.html

 

[InsideDN]

That's really interesting :]

 

[fleshas]

"for China site"... $254M it is amazing price for all kinds of sites... wooow...

 

[wasistdas]

Hmmmm.... In this case I should change my mind regarding my domain productofchina.info

 

[Heman maximus]

Wow...And main source of imcome is thru placed advertisement on the site...wow

 

[midnight251]

That kind of blew my mind as well, that they made that kind of money just from paid advertisement, and I haven't got one click on my Adsense yet

 

[touchring]

Not bad for my 中国房地产.com. ChinaRealEstate.com.

 

[ezimedia]

HI

Maybe they know something we don't but if it their shares are anything to go by... I would count my chickens before they hatch...

Thanks
Tom Dahne

 

[allroundguy]

Why is nobody here complaining that it's too much?

On several places in this forum, I see people complaining about extravagant asking prices. Not here. How comes? Other appraising methods?