.com Why this weird domain sold for so much money

[News]

Have you wondered why some mixed letter and number domains can sell for 4 or even 5 figures? Sometimes a little bit of research can reveal the possible reason. 520HB(.)com is a good example.

520HB has a meaning in Chinese. 520 represents May 20 and it also rhymes with Wo Ai Ni (我爱你 = I Love You). HB is an acronym for the Pinyin words Hong Bao (红包 = Red Packet). All together, 520HB refers to May 20 (unofficial Valentine’s Day in China). On this day, you can send “I Love You” electronic red packets to the digital wallets of your loved ones — up to the amount of 520 yuan using WeChat as I understand...

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