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TheDomains.com

Mi.com Bought By Xiaomi of China For $3.6 Million

April 22, 2014 by Michael Berkens 4 Comments

According to TechCrunch Chinese Android devices startup, Xiaomi has acquired the two letter domain name Mi.com to rebrand its company outside China from Xiaomi.com to Mi.com.

Xiaomi translates literally as ‘little rice’.

“The ‘Mi’ in Xiaomi also functions as an acronym for ‘mobile Internet”

The domain name was owned by “Aunis LLC”

According to thenextweb.com, Li Wanqiang, co-founder and VP of Xiaomi, revealed on Weibo that Xiaomi spent CNY3.6 million ($577,000) to purchase the domain name, however an actual translation of the page actually says the purchase price was $3.6 Million dollars USD.

Congrats to the buyer and seller.

Filed Under: Domain Sales

About Michael Berkens

Michael Berkens, Esq. is the founder and Editor-in-Chief of TheDomains.com. Michael is also the co-founder of Worldwide Media Inc. which sold around 70K domain to Godaddy.com in December 2015 and now owns around 8K domain names . Michael was also one of the 5 Judges selected for the the Verisign 30th Anniversary .Com contest.

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Comments

  1. TB says

    April 22, 2014 at 10:11 am

    https://www.facebook.com/454663297993392/photos/a.456563724470016.1073741827.454663297993392/485964844863237/?type=1&theater

    Reply
  2. Sun Ying Chi says

    April 22, 2014 at 10:30 am

    The price for mi.com is 3.6 million dollars according the weibo(blog) of one of their co-founder.
    http://weibo.com/wanqiangli

    Reply
  3. Sun Ying Chi says

    April 22, 2014 at 10:57 am

    You are wrong, 3.6 million is US dollars!! Please check it again.

    Reply
  4. Domain Observer says

    April 22, 2014 at 12:01 pm

    Chinese websites I visited report USD 3.6 million.

    Reply

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