28 Nov '12, 3pm

Chinese economy to blame: 25 .com did not sell #domains #domainers #china #badeconomy via @DomainGang

Chinese economy to blame: 25 .com did not sell #domains #domainers #china #badeconomy via @DomainGang

You are here: Home / Domain News / Chinese economy to blame: 25.com did not sell Chinese economy to blame: 25.com did not sell Posted by DomainGang on November 28, 2012 · 2 Comments I foo yu! No bai do-mein! In the US, people keep on talking about the bad economy but China – the world’s emerging market and creator of technology – is much worse; the yuan is artificially devalued. It appears that the prospective Chinese buyer of the domain name 25.com , wasn’t backed with cash, after all. The $1.5 million offer made on Cax.com was canceled early this morning. According to Francois who operates Cax.com “Sales has been cancelled this morning… apparently the bidder associate/partner/friend hold the money.” Which brings us to another topic: when being told by a bidder that their “partner” or “associate” will be financing the deal, ask them to come back later when they actually h...

Full article: http://domaingang.com/domain-news/chinese-economy-to-blam...

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