NiceNic.net did a post on their site about a another group of big Chinese sales. These were led by Baby.CN which sold for $410,872 USD.
Baby.cn was the highest selling domain name at 2.53 million cny(US$410,872); QiLu.com ended in bidding 1.98 million cny(US$321,552) and ranked second to Baby.cn, QiLu is another name for “Shangdong”, a big province of China; the highest bid for ShunFeng.com was 1.06 million cny(US$172,144) and ShunFeng is a famous express company in China.Other interesting domain name sales include:
(* The first number is the sale price in Chinese Yuan, second number is the one I converted to US Dollars. The conversion rate of roughly 1 Chinese Yuan = .1624 USD)
(* The first number is the sale price in Chinese Yuan, second number is the one I converted to US Dollars. The conversion rate of roughly 1 Chinese Yuan = .1624 USD)
126.cn 680,000 $110,432
(126: hot & free Email service in China, please refer to 126.com)
jin.cn 555,000 $90,132
(jin: means “gold”, “powerful” in Chinese Pinyin)
meizhuang.com 490,000 $79,576
(meizhuang: a double Pinyin, means “beauty makeup” in Chinese)
rose.cn 480,000 $77,952
5855.com 465,000 $75,516
cb.cn 455,000 $73,892
(CB: abbreviation from “China Bike”, “China Business”, please refer to chinabike.net & cb.com.cn)
xiaowei.com 455,000 $73,892
(XiaoWei: a household name in China)
Very interesting round one and a foretaste of what is to come in China & India.
Since the vast majority of people can only have one child in China then what would Babies.CN be worth? I know it’s a stupid question but completely valid.
321k, then 410k, but i now get 408k when making the exchange
Jose it was always $410K, $321K was the second sale. The Yuan has gone down since they closed the deal, it has fluctuated from .1629 USD to .1616 USD
@Todd, the rule of having one baby was ‘relaxed’ last year. Still, with China having a population of nearly 1.4 billion people, that’s a lot of babies, even if each couple was allowed only one. Couples in the U.S. would have to have at least 4 children each to potentially match the same number of kids in China.
Baby is baobei in Chinese, hence http://baobei.com
Hello Todd:
“Since the vast majority of people can only have one child in China then what would Babies.CN be worth? I know it’s a stupid question but completely valid.”
I personally love that question much! – Helen, COO of Nicenic.net