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The highly anticipated London Domain Name Summit recently took place at the Hilton Hotel in the metropolis of London, UK. International media has compiled and published exciting speech videos on YouTube,
The highly anticipated London Domain Name Summit recently took place at the Hilton Hotel in the metropolis of London, UK. International media has compiled and published exciting speech videos on YouTube, so let's review the highlights together.
This conference attracted domain investors from all over the world. One of the highlights of the summit was the CEO of DN.com, Jack, who was invited to deliver a speech in person, with assistance from Cate, a seasoned Chinese domain expert. He shared fascinating insights about the premium domain name secondary market.
London Domain Name Founder Helmuts Meskonis, Jack, and Senior Chinese Domain Expert Cate
Jack stated, "The United Kingdom is a country that places great importance on domain names. According to statistics from two years ago, the UK has 42 two-letter domain names, ranking among the top three in the world. Currently, many large companies are using two-letter domain names, such as British Telecom: BT.com, British Petroleum: BP.com, and British Airways: BA.com, among others."
China is driving deep integration between its digital economy and the real economy, creating internationally competitive digital industry clusters. As of December 2022, China's digital economy continued to grow rapidly, with the national online retail sales reaching 13.78 trillion yuan, a 4.0% increase over the previous year, making a positive contribution to the stable growth of the national economy.
First, Jack mentioned the rapid growth in the number of Chinese internet users, a trend that indicates China's importance as a potential market for domain investments. With the increasing number of Chinese internet users, the demand for attractive domain names is also growing rapidly. China has a population of 1.4 billion people, and the number of internet users continues to rise, reaching 1.067 billion in 2022.
Alongside the increase in internet users, domain names are also on the rise. As of December 2022, China had a total of 34.4 million domain names. Among them, there were 20 million .cn domains, 9 million .com domains, 760,000 .net domains, and 3.76 million new top-level domains.
Domain investors are interested in "the most popular types of domains in China," and Jack went on to highlight the domain types favored by Chinese people:
1. Domains with 3 characters or less:
These are domain names with 1-3 letters. In China, people prefer domain names with consonants other than "V." Two-letter and three-letter domain names are widely used in China, such as QQ.com, JD.com, and BYD.com, all of which belong to Fortune 500 companies. Roughly estimated, there are over 200 two-letter domain names in China.
2. Domains with 4 digits or less:
Chinese gaming companies particularly like numeric domain names. Examples include classic online games like 4399.com and 51.com. The numbers "8" and "6" are considered auspicious in China, and Chinese people have a special fondness for these two numbers, as seen in domains like Perfect Mail: 88.com and 58.com.
3. Pinyin domains:
Mandarin pinyin is the native language in China, so pinyin domain names are widely used in the country. Examples include Toutiao.com, Douyin.com, Doubao.com, and Taobao.com, among others.
4. Single-word domains:
In China, businesses rarely use single-word domain names because they can be challenging to remember. However, some well-known companies do use short single-word domain names. Examples include VIP.com (Vipshop) and Game.com.
In conclusion, Jack encouraged more domain investors to pay attention to DN.com. He recommended registering an account on the platform for buying and selling domain names and also mentioned the possibility of acting as an agent for high-quality two-letter domains. DN.com provides a great domain name trading platform for investors.
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