The domain name Liao.com just sold for $118,888 on Namejet.com
The auction had 224 bidders and 8 that bid $50,000 or more and 3 bid $75,000 or more.
At the end two bidders went back and forth for over an hour with the bidder ID: wonderwgq
The reserve on the domain name was set at $71,180.
You can click here for some meanings for the term Liao
Now the attention turns to the domain name YIN.com which is also at auction at NameJet.com by the same seller and has a bid of $53,100.
The auction for YIN.com closes tomorrow on November 29th and has NOT hit reserve, yet.
That is a lot of dough for an auction house sale
Say what you want but these guys from china really stick to their lucky numbers…
buyer could be LiaoLiao.com
buyer is loaded with money. he bought also for instance zuke.com for more than 40k.