29 Apr '16, 2pm

Chinese Investors are Hoarding Web Addresses

This growing trend greatly effects global trade, says Matthias Meyer-Schönherr, Vice President Business Development of Sedo.com, the world´s largest domain marketplace. “The domain name market is, in a lot of ways, similar to the real estate market: Figuratively speaking, Chinese investors are securing new properties , while also purchasing existing top locations. Each domain name is uniqu e - that’s why it´s not surprising that most short, catchy and easy-to-remember .com domains are sold for millions of dollars on the Chinese market.” China approaches the market from two sides: Beijing is influenced by registering new extensions, for example „.club“, „.house“, „.xyz“ – and also by purchasing already registered, high quality .com domains . Between 2013 and 2015 the number of purchased domains from within China increased by more than 400%. Going forward, finding a great do...

Full article: https://sedo.com/us/resources/newsroom/chinese-investors-...

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Chinese Investors are Hoarding Web Addresses

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