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CN.LTD Domain Name Changes Ownership: A New Focus in China's Internet Domain Name Market
Industry Information
08 Nov 2024 03:02:39 PM
Abstract:
Recently, the news spread rapidly on the Internet that China's top-level domain CN.LTD had been acquired by a mystery buyer, generating a lot of attention. The domain name was registered on December 8, 2013, and had been on sale for 1.5 mil
Recently, a piece of news spread rapidly on the Internet: the Chinese top-level domain CN.LTD has been acquired by a mysterious buyer, generating a lot of attention. The domain name was registered on December 8, 2013, and had been on sale for 1.5 million RMB (approximately $209,000 USD). On October 25, 2024, the domain name owner's information was changed and the transaction was completed, although the exact price of the transaction was not disclosed to the public, but was generally considered to be exorbitant by the industry.
CN.LTD is a combination of the international gTLD“.LTD”and the Chinese ccTLD“.CN”, which means“China Limited”, with strong regional attributes and cultural identity. CN”means‘China Limited Company’, which has strong regional attributes and cultural identity. In the huge market of more than 90 million enterprises in China, it has a broad prospect and great commercial value, which caused a sensation in the domain name investment circle as soon as the news came out.
From the previous similar domain name transaction records can be speculated CN.LTD transaction price. 2016 August, Hangzhou E-commerce Research Institute spent 1.23 million yuan to acquire the co.ltd domain name, and its multiple second-level domain names also sold tens of thousands of dollars. Moreover, the“Co.Ltd Digital Portal”project attracted more than 50,000 registered users in more than three months, bringing more than 1 million yuan of revenue for the platform, which shows that the investment value and market potential of CN.LTD quality domain names are extremely high.
The buyer's purpose for acquiring CN.LTD is currently unknown. Whether it is to follow the“Co.Ltd Digital Portal”model or to launch an innovative program can only be answered by time. However, no matter how the buyer operates CN.LTD, it is expected to bring huge brand value and traffic effect to the company.
LTD is not only a simple domain name transaction, but also an important test and opportunity for China's Internet domain name market. We are looking forward to more quality domain names that will bring value and inject new vitality into China's Internet development.
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