One of the Most Important Domainers, Booksir, Is Selling Out His Portfolio? | Chinese Market Daily Report on 8-31-2016

By | August 31, 2016

DOMAIN SALES

Double pinyin domain DuDong.com(Du: read, Dong: understand) was sold for $50,000 USD and it has been built into a media website specialized in New OTC Market.

Domainer Muxing sold a double pinyin domain Xipu.com for six figure CNY fee to an end user buyer.

LLLL.com chip bjwt.com was sold for six figure CNY fee to Beijing Cultural Investment Developing Group Center.

yxc.com was sold for ¥350,000 in the auction.

rfh.com was sold for ¥240,000 in the auction.

OTHERS

In the post on August 26, 2016, we shared with you that Chinese domain veteran Zhuang Liangji (庄良基), known as Booksir, announced in his wechat group that said he had abandoned 70,000 .cc domain names and he is leaving domain industry. We are all wondering whether he will leave domain industry for real? Many of us, including famous domainer Uncle Hang, find it hard to believe. Just a moment ago, Booksir posted in his Wechat group asking “To take a first step of quitting domaining, should I sell out all my 500 double pinyin domains and 1000 triple pinyin domains? ” (For the record, double pinyin domains are of high value in China, some are at five figure CNY range, some premium ones can reach six figure CNY and even seven figure CNY range. For example, meirong.com was sold for mid seven figure CNY fee.)

Is he really quitting?

QQ图片20160831140611

A travel site “8只小猪(eight pigs)” just completed eight figure CNY series pre-A round funding. Their website domain is 8pig.com.

An integrated commodity trading market, zjcem.com, puts three premium double pinyin domains zhaopai.com, tangchao.com and shidian.com online and plans to sell their subdomains publicly, which promotes the development of domain asset securities.

51% shares of s.cn, one of the biggest sport shoes and clothes online retailers, were sold to grn.cn, a famous sport brand. It is said that s.cn was acquired at several millions CNY price.

mi.com, one of the biggest Chinese electronics companies will launch MiPay on 1st September, 2016. The domain name mipay.com was protected by them since 2013.

According to Chaomi.cc, on 30th Aug., the total volume was 11,586 domains, and the total turnover was ¥482,613 CNY (over $70k USD). The market price of LLLL.com chips is ¥8,464 CNY.

 


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3 thoughts on “One of the Most Important Domainers, Booksir, Is Selling Out His Portfolio? | Chinese Market Daily Report on 8-31-2016

  1. asset.domains

    Interesting,
    I would like to ask if long 2 pin domains have the same value as short pin names ? If no what is the approx difference ?

    Thank you

    Reply
    1. Echo Post author

      Thanks for your question! I think the main value difference between pinyin domains are their meanings rather than length. Those pinyin domains that refer to popular industries or have more meaning options are of higher value. Take domains I mentioned in the article for examples, meirong is longer than xipu, while the first one was sold for mid seven figure CNY price the latter one was sold for six figure CNY price. Hope it helps!

      Reply
  2. Steve

    Good article.
    Did he sell any lll.cc or nnn.cc or shorter? I am assuming he dropped 5n.cc, 6n.cc, 7l.cc and 7n.cc etc.
    Good information!

    Reply

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