In what appears to be another blockbuster domain sale in two days, publicly traded Vodafone Group (Nasdaq:VOD) has sold the domain name 360.com to the company that operates 360.cn.
The domain transfer took place today.
360.cn is ranked by Alexa as the 49th most visited site on the internet worldwide and the 9th most visited site in China.
360.com gives 360.cn the ability to go global and like JD.com which went public last year give the site a reach well beyond China.
The fact that the domain was owned by Vodafone, a public company with a market cap of $96 Billion indicates to me that the sale, which has not been announced yet is definitely, in my opinion and 7 figure sale and we would not be surprised at all if the price paid by 360.cn was higher than the $8.9 Million dollar sale of Porno.com that we announced yesterday.
The domain space is red hot as companies are finally waking up to the fact that they NEED certain .Com domains moving forward.
Good news for everyone in the space and we will let you know if there is any announcement.