The domain name 588.com has sold for $1 Million dollars.
The domain sale comes on the heals of Rick Schwartz announced sale of 899.com last week for $801,000 and the sale earlier this year of 345.com at $800,000 by our company MostWantedDomains.com
The sale of 588.com was brokered by Goldenname.com (4.CN)
The domain was in pending transfer status on August 19th and transferred to the Chinese domain name registrar ename.com around August 25th.
The Chinese domain market remains on fire despite problems with their stock market and the devaluing of their currency.
The sale of 588.com should be ranked by DNjournal.com as tied for the 2nd highest reported domain sale of 2015 with 3 of the top 5 domain sales of 2015 being three-letter .com’s otherwise known as NN.com domain names which the 4th a two letter .com otherwise known as a LL.com domain.