Apple pulls out of the car market in favour of AI, domain trading market review

Industry Information 29 Feb 2024 05:09:36 PM By:DN domain name editor
Abstract:

The domain OlibeaOldCity.com was sold for $12,388 (approximately 89,000 RMB), and it was registered in January 2017. The term "OldCity" in the domain name means "old city" in Chinese, while "Olibea" does not have any special meaning.

Recently, in the domain name industry, apart from frequent domain name transactions, there have been a series of significant events, with the most attention being drawn to the movements of Apple Inc. It is reported that Apple acquired the iwork.ai domain name half a month ago, aiming to upgrade its office suite's artificial intelligence capabilities. Furthermore, this past Tuesday, Apple announced the abandonment of its previously highly anticipated car manufacturing plans, shifting its focus towards generative artificial intelligence.

Apple pulls out of the car market in favour of AI, domain trading market review

Apple's car manufacturing plan, proposed since 2014, has now been in existence for a full decade. Consumers worldwide have been eagerly awaiting the launch of Apple's electric car. However, Apple suddenly abandoning this plan has sparked widespread discussion across various sectors globally, with opinions divided.

Apart from Apple's dynamics, there have been several notable domain name transactions recently. Here are four domain names that have been recently traded along with their price details:

1. OlibeaOldCity.com was sold for $12,388 (approximately ¥89,000 RMB). The domain name was registered in January 2017. The term "OldCity" in the domain name means "old city" in Chinese, while "Olibea" does not have any special meaning.

2. The word domain AllBet.com was sold for $27,508 (approximately ¥197,000 RMB). The domain name was registered in 2003 and consists of the words "All" and "Bet."

Apple pulls out of the car market in favour of AI, domain trading market review

3. The domain name Hub.xyz was successfully sold for $31,900. The domain name was registered in 2014. In recent transactions, the three-letter domain name Hub.xyz was sold for $31,900. In Chinese, "Hub" means "data center."

4. JoyOfMuseums.com was sold for $40,500 (approximately ¥290,000 RMB). The domain name was registered in January 2017 and implies "interesting museums."

Apple pulls out of the car market in favour of AI, domain trading market review

The transaction prices of these domain names show a certain gradient, ranging from over $10,000 to over $40,000, reflecting the level of activity in the domain name market and investors' perception of the value of different types of domain names.

RELATED TAGS

Apple domain trading

GX.com sold for $1.2 million, setting a new record for the value of two-letter .com domain names

GX.com sold for $1.2 million, setting a new record for the value of two-letter .com domain names

Recently, the two-letter domain name GX.com was successfully traded for a high price of US$1.2 million, further consolidating the scarcity and high value of two-letter .com domain names in the domain name market.

Industry Information 13 Mar 2025 03:03:31 PM

ICANN plans to phase out .su domain name in 2030

ICANN plans to phase out .su domain name in 2030

ICANN announced that it will stop using the Soviet-era .su country code top-level domain (ccTLD) in 2030. The domain has been in use since 1990 and currently has about 100,000 registered domain names.

Industry Information 12 Mar 2025 02:37:04 PM

ICANN Board Geographic Restrictions Take Effect, North American Candidates Denied Nomination

ICANN Board Geographic Restrictions Take Effect, North American Candidates Denied Nomination

At ICANN 82, the ICANN Nominating Committee (NomCom) confirmed that applications from candidates in the North American region had been politely rejected due to geographic restrictions.

Industry Information 11 Mar 2025 04:15:21 PM

Double.com successfully sold for $980,000

Double.com successfully sold for $980,000

Recently, Mark Ghoriafi once again facilitated an important domain name transaction - successfully selling Double.com for a high price of US$980,000.

Industry Information 11 Mar 2025 10:24:45 AM

The attempt to register the MIT.school domain name failed, and the

The attempt to register the MIT.school domain name failed, and the "pseudo-protection" behavior was rejected

In the field of domain name investment and use, the UDRP case involving the MIT.school domain name is a typical example with great warning significance.

Industry Information 10 Mar 2025 03:22:33 PM

EYQ.AI sold for $50,000, AI domain name transaction premium 92%

EYQ.AI sold for $50,000, AI domain name transaction premium 92%

Another iconic domain name transaction occurred in the field of artificial intelligence - EYQ.AI was sold for US$50,000, while its corresponding .COM domain name EYQ.com was listed for approximately US$26,000.

Industry Information 10 Mar 2025 11:27:12 AM

Apple pulls out of the car market in favour of AI, domain trading market review