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In the past decade, China has experienced rapid development in the internet industry, and the internationalization strategy of "going global" has become the consensus for many giants. In the context of globalization,
In the past decade, China has experienced rapid development in the internet industry, and the internationalization strategy of "going global" has become the consensus for many giants. In the context of globalization, it is inevitable that domestic companies expand abroad, and foreign companies enter the Chinese market. At the same time, the choice of domain names for corporate brand websites is crucial. As English is the most widely used language in the world, English word domain names are user-friendly for easy memorization and input, and they help in brand building for businesses.
Today, I'll provide a rundown of some premium single-word domain names that have been purchased by Chinese companies or domain investors for use or investment.
The domain name VIP.com was registered in 1994. "VIP" stands for "Very Important Person," and it is widely recognized as meaning "important," "distinguished," "premium," or "exclusive." It is known that VIP.com was sold for $1.4 million in 2005. Since then, its value has significantly increased. In 2012, Vipshop (wei pin hui), a leading Chinese online discount retailer, went public on the New York Stock Exchange, and it has since become the third-largest e-commerce platform in China. In 2013, Vipshop acquired the domain name VIP.com for $2 million, making headlines in the business world. The word "VIP" is well-known in China, and the domain's value is self-evident.
The domain name Game.com was registered in 1998 and was acquired by Xu Jun, the founder of 4.cn, for millions of RMB in 2014. Xu Jun later announced that Game.com was valued at one billion RMB when he entered into a partnership with Matrixport, a blockchain financial services company, in November 2016. Owning a domain like Game.com is crucial for game companies pursuing an international audience. The domain name's versatility and market value far exceed that of similar domains with ".cn" extensions.
The domain name Trip.com was registered in March 2002. "Trip" is a common English word meaning "travel" or "journey." In October 2019, Ctrip Group (now Trip.com Group) officially adopted the domain name Trip.com and changed its English name from "Ctrip" to "Trip.com Group" as part of its ambition to expand internationally. Ctrip, founded in 1999, initially had to use ctrip.com for its website due to the availability of domain names. The acquisition of Trip.com underscored Ctrip's determination to target the international market.
The domain name Edu.com was registered in 1998 and has a 22-year history. Edu is an abbreviation for "education," making Edu.com a highly valuable domain in the education industry. It was acquired by the well-known Chinese education company, TAL Education Group, for tens of millions of RMB. This acquisition caused TAL Education Group's stock to surge by 10% to a market value of $30.755 billion.
The domain name Map.com was registered in 1994, making it a 26-year-old domain with a lot of potential. While its current use is not clear, it is speculated to be related to a blockchain-based mapping project. The mapping industry in China is highly competitive, with companies like Baidu Maps, Amap (owned by Alibaba Group), and Tencent Maps dominating the market. Owning a domain like Map.com is a strategic move to compete in this industry.
The domain name WIFI.com was registered in January 1999 and was acquired by Chen Donghong, the founder of Techan.com, for millions of RMB in 2014. It was later sold to LinkSure Network (known for WiFi Master Key), becoming a prominent WiFi-related domain. Having a top-level domain like WIFI.com enhances recognition and credibility in the international market, especially in the field of free WiFi services.
The English word domain name Pig.com was registered in 2000 and was sold at a significant price on a Chinese platform in March 2017. Pig.com is a short and memorable domain name with various potential applications, such as e-commerce, travel, gaming, finance, food, and entertainment.
The domain name House.com was registered in 1994 and is 24 years old. Its short length and global appeal as a term for "house" make it highly valuable. In 2014, there were reports that it was sold to a Chinese buyer for $8.5 million. The real estate industry is highly competitive both domestically and internationally, making a domain like House.com a valuable asset.
The domain name Boy.com was registered in January 1996 and is 24 years old. It is a rare three-letter domain name and can be associated with "boy." It was acquired by a Chinese investor in 2014, and there were reports of it being sold for millions of RMB in a subsequent auction.
The domain name Girl.com was registered in 1995, and its current owner is protected. After the acquisition of Boy.com, Girl.com was also purchased and is believed to have been sold for tens of millions of RMB, possibly to the owner of Game.com, Xu Jun.
These premium single-word domain names are highly valuable assets, often used to establish and promote brands effectively in the online world. Their global recognition and versatility make them essential for businesses aiming to succeed on a worldwide scale. A strong domain name can serve as a powerful online brand presence, attracting users and customers while enhancing credibility and trustworthiness.
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