GoDaddy Sells Beijing.com Domain Name

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According to whois records, GoDaddy’s newly acquired domain name Beijing.com which it acquired with the $28 Million purchase of Marchex domain name portfolio has been sold! Update: GoDaddy has confirmed the sale (see below)

The domain Beijing.com has changed registrants this morning to a Ivy Wong at eName Technology Co.,Ltd

beijing

Beijing is the capital of China with a population of over 21 million people.

Denver.com sold for a confirmed “seven figure deal” in 2012.

Korea.com sold for $5 Million in 2000

There have been several publicly reported GEO domain name sales in the seven figures and I see this one ranking with them if the price is ever reported.

The domain name is resolving to domain name broker George Hong’s Guta.com, so I have reached out to George to see if he sold the domain or has any details of the transaction but he was unable to comment. That is a common response when a non-disclosure agreement is in place.

I have also reached out to GoDaddy to see if they can share any details and will update this breaking story when or if I hear back.

Update: Paul Nicks from GoDaddy has confirmed the sale of Beijing.com. He did state that George had a hand in the transaction but can not disclose the price paid on the domain but stated “everyone is happy how it turned out”.

Really great domain name and congrats go out to both the buyer, George and GoDaddy!

About Jamie Zoch

Founder of DotWeekly.com, writer on TheDomains, Domain investor, @yofie on Twitter and passionate about domain names!

Comments

    • Jamie Zoch says

      Todd, just because GoDaddy recently took ownership of the domain doesn’t mean it sold “cheap”. Sometimes it simply takes the right partnership of bringing buyer/seller together and it sounds like George helped with this process!

      • todd says

        I disagree. Marchex had this name for years and I am sure received multiple offers and it didn’t sell but Godaddy has it for a month and it does sell. This is a multi-million dollar name not some $20,000 name. Whoever was in charge of buying the portfolio is using this sale to prove that he made a good decision in buying the portfolio. What better way to justify your job than to sell a name for a substantial amount of money a month after you bought it.

      • Akash says

        hey Jamie, I am upset with Godaddy, yesterday i purchased a domain name “googletrendz.com” but i am not able to auction it.. if you know something about it then please do reply to this post.

    • tennisballinmouth says

      yeah every entrepreneur should have to go through months of grinding negotiations before they can get started

  2. Paul Nicks says

    Can confirm it was sold but the price will remain private. Big props to George Hong who knows his stuff and was an awesome partner.

    -Paul

    • Donny says

      Paul where can we get the list to take a look at. We always made 5 or 10k offer on names at marchex but they always where in 50k range, do you have a master list or link. thanks

      • Paul Nicks says

        Hey Donny, we’re still working on the BIN pricing. Shoot me an email paul@godaddy and I’ll see if I can get you a current list

    • Domain Shame says

      And here is the great flaw of the domain industry building real estate which is far more important to the world than any domain name are all public record. people can see who bought a bungalow or who bought a mansion but in this business everybody likes to keep everything so secretive.

  4. Alan Dodd says

    The price on afternic they were looking for was $3,000,000 unless I am very much mistaken. I would say $2.4m.

    Let’s just say generally prices on Afternic they are setting have…increased since this sale…

  5. Thomas says

    We made a one million USD offer last year for Beijing.com and the quote we got from Marchex was 3 million USD. Wonder what it was sold for…