Huiyi.com Was Sold For Seven Figure CNY | Chinese Market Daily Report on 9-26-2016

By | September 26, 2016

DOMAIN SALES

According to Ename.cn, a Chinese who lives in Thailand built a Chinese forum in 2008. Recently, they changed the main domain name from Taihuabbs.com to Taiguo.com (means “Thailand” in Chinese). They acquired Taiguo.com with a six-figure CNY price in 2014. According to the whois information, Meiguo.com(America), Yingguo.com( England) are owned by Chinese domain investors.

Huiyi.com (means “meeting” “conference” in Chinese) was sold for a seven-figure CNY price, the buyer was Zhan Baosheng (owner of father.com).

Chinese investor Gediao bought Babi.com, he said he loved this domain name very much, would not consider to sell it in the near future. “Babi” means “Daddy” and “Barbie” in Chinese.

964.com was sold for a seven-figure CNY price (approximately $150,000 USD) in an auction.

Ltz.com was sold for ¥315,000 CNY (approximately $47,000 USD) in an auction.

Aiai.cn (“ai” means “love”) was sold for ¥80,000 CNY (approximately $12,000 USD) in an auction.

Phpw.com was sold for ¥51,111 CNY (approximately $7,600 USD) in an auction.

 

OTHERS

Boss直聘( means direct recruitment by boss in Chinese), a recruiting APP, has announced that it has raised $28 million USD in series C1 and C2 round funding led by MSA, Capital Today and others. The website is bosszhipin.com, it’s the pronunciation of Boss直聘.

According to Chaomi.cc’s BIN data,  on Sep. 25th,  the total volume was 13224 domains, and the total turnover was ¥973,735 CNY (approximately $145k USD).

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2 thoughts on “Huiyi.com Was Sold For Seven Figure CNY | Chinese Market Daily Report on 9-26-2016

  1. Jonathan

    It is interesting to read your report on Chinese centric home market domains secured by Chinese investors.
    Western investors (me) have the benefits of hindsight but cannot take into account the important cultural nuances when trying to secure domain/brands for the future sale or development. Allow me to offer an example that I secured knowing the jury is/will be out on for a year or two:
    The brand criteria: short, cognitive and [possibly]culturally significant to the mobile content generation. My rationale was that Chinese characters as a numeral is as old as China and the character when twined with the 8 will cognitively frame as 88 com with the benefit of being a unique home brand 八8 (com). The mix of character and numeral is unusual but for me that is how a brand should be framed. the project is on ice for now regarding the brand potential it will be a teen Snapchat – Wechat generation that decides the outcome of 八8 com brand. [八88 &
    八88 are secured for brand protection]
    Your views regarding the cultural aspects would be appreciated brutal or otherwise, I like the fact the registrations are in ones back pocket for now and will perhaps be listed in DN.com in the future.

    Reply

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