The first ever Chinese Domain Festival and China Digital Asset Investment Summit live auction concluded with 150 million RMB in sales. The full list is below with all amounts in Chinese RMB, 1 RMB = .1542 USD. Auction No. | Domain Name | Price in RMB 1 | 1212.com | 1,800,000 2 | zhu.com | 2,200,000 3 | 1117.com | 850,000 4 | qc.cn | 1,500,000 5 | wrj.com | 610,000 6 | beijing.cc | … [Read more...]
Report: Domain 688.com Sold For $1.5 Million
According to a report appearing in ename.cn, the domain name 688.com just sold for about $1.5 Million dollars. According to the report the sales price was 9,580,000 RMB which according to today's exchange rate is $1,496,290.52. The domain name 688.com did change ownership yesterday. The domain was owned by a XiaoFeng Lin of China at the domain name registrar MAFF Inc. until December 5th … [Read more...]
7X Bigger Than Las Vegas In Gambling Revenue, Macau.com Hits The Market
Earlier this month we learned that LasVegas.com sold back in 2005 for what could be up to $90 Million Dollars. In August the sale of Vegas.com was announced to a public company in a deal that could be worth $38 million dollars. In both instances, Vegas has consistently set the record valuation marks as the most valuable destination-specific website in the world. Now the website and domain … [Read more...]
Domain Registration At a Record Pace 460,000, Yesterday
The huge surge in daily domain name registrations continued yesterday as over 460,000 domain names were registered across all Top Level Domains (excluding ccTLD). Traditionally the number of domain name registrations slow on the weekend, to the point where it's not unusual to see the number of .Com deleted, exceed the number of new registrations for the day, leading to a negative … [Read more...]
Mobile Now Accounts for Close to Half of China’s Retail eCommerce Sales
A new report from eMarketer.com shows that China is far more mobile than the U.S. when it comes to ecommerce. Over 87% of all users in China regularly access the Internet with a mobile phone vs 74.6% in the U.S. From the report: This estimate puts retail mcommerce sales in China at nearly 450% of those in the US, where such sales are expected to rise 32.2% in 2015. Even more striking, in the … [Read more...]
A Look at China’s Internet – 668 million users
CFR.org published an article on the size and characteristics of the Internet in China. Citing data from CNNIC, the article gives some great insight into the Chinese Internet. From the article: The number of Internet users in China has grown to 668 million, according to a report released last week by the China Internet Network Information Center (CNNIC), a state agency that administers … [Read more...]