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You are here: Home / Domain Business / Chinese Publication “Domain Names Becoming Big Business in China”

Chinese Publication “Domain Names Becoming Big Business in China”

October 4, 2014 By Raymond Hackney Leave a Comment

WantChinaTimes.com covered the domain space in China. Want China Times is the English news website of the Taiwan based China Times News Group.

Amid the mushrooming of P2P (peer-to-peer) internet business platforms, business-platform domain names have become a precious commodity, as various parties vie with each other for appealing domain names, either to safeguard their business interests or to sell them for a windfall.

An insider said that the domain name “wanda.com” could fetch a cool price of 20 million yuan (US$3.3 million) on the market, due to its association with Wanda Group, a leading realty firm in China, according to Shanghai’s China Business News.

The most sought-after business-platform domain names are simple and easy to memorize or those that suggest the business nature of those platforms, according to Zhou Han, CEO of “roadoor.com,” an internet-based finance firm.

Read the full article on WantChinaTimes.com

The article covered a lot of stuff that many seasoned domainers would know but it is still always nice to see the domain industry being covered.

Filed Under: Domain Business

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