On April 26, we wrote about 677.com selling for 3.75 million Yuan. Well we have another ABB numeric sale with 533.com selling for 2.72 million Yuan or $419,968. The domain was registered in 1998 and dropped two times previously. This sale has something in common with the 677.com sale in that there is an operating business running on it. Ename.cn reported the … [Read more...]
Archives for April 2016
Where will the bidding close for 27.com ?
In one week one of the best names we have seen at auction this year will close at NameJet. 27.com, which surpisingly was registered rather late, 1998 according to Domain Tools. 37.com sold for $2.1 million, the buyer was 37Games out of China. You can read the interview James Iles from Namepros did with the buyer here. So leave your guess on the final price in the comments. The winner will … [Read more...]
Chinese investors account for more than half of the ownership of all registered new gTLDs (54%).
In their latest newsletter, Sedo gave some insight into why the Chinese are hoarding domain names. Chinese Investors are Hoarding Web Addresses Currently Chinese investors account for more than half of the ownership of all registered new gTLDs (54%). This growing trend greatly effects global trade, says Matthias Meyer-Schönherr, Vice President Business Development of Sedo.com, the … [Read more...]
Market Recap 4/28/16 Verisign Reports Earnings – Stock up in After Hours
Market Recap 4/28/16 Verisign (VRSN) reported earnings today, the stock was down 1.5% to $89.42 on the day but is up over $90 in after hours. First Quarter GAAP Financial Results VeriSign, Inc. and subsidiaries ("Verisign") reported revenue of $282 million for the first quarter of 2016, up 9.1 percent from the same quarter in 2015. Verisign reported net income of $107 million and diluted … [Read more...]
“We will move from mobile first to an AI first world”
Every year Larry Page and Sergey Brin write a founder's letter to update shareholders about what's going on. This year Larry let new Google CEO, Sundar Pichai do most of the talking. While Google is obviously a player in the domain space there was not one word about domains. Sundar did speak about something that long term could affect domains. The move to a world of virtual reality and … [Read more...]
Rick Schwartz Files UDRP on DomainKing.biz
Rick Schwartz's company Virtual Dates, Inc has filed a second UDRP based on his "Domain King" federally registered trademark, this time on the domain name DomainKing.biz. About a month ago Rick Schwartz filed a UDRP on the domain name DomainKing.ng. .Ng is the country code (ccTLD) for Nigeria. At that time Rick told TheDomains.com that the UDRP on the domain DomainKing.ng was "the first … [Read more...]
$224,224 for MikiHouse.com ? Here’s Why
So the big sale this week on Sedo was MikiHouse.com. $224,224 for a domain that had been registered since 1999 and surprisingly had dropped two times previously. As strange as the sale may seem, for the buyer it's just a huge upgrade from their current .Com web address. The buyer is MIKI SHOKO CO.,LTD out of Japan. According to their site, Miki House sells "premium fashion for … [Read more...]