Ultsearch selling Beijing.com for US$400,000??

[Anthony Ng]

It has yet to be confirmed, but Ultsearch (under the username "BEIJING.COM") is selling Beijing.com for US$400,000 on China's most popular domain name forum (http://www.eachnic.com/club; in Chinese) along with 3 other names. This is his post in full text (with the first line only in Chinese, translated by yours truly):

Auction of my top domain names:

BEIJING.COM - USD 400,000
HEILONGJIANG.COM - USD 90,000
LIAONING.COM - USD 90,000
XINJIANG.COM - USD 90,000

DISCOUNT IS AVAILABLE FOR MAINLAND ENTERPRISES

CHINESE CURRENCY (RMB) IS ACCEPTABLE !

CONTACT: [email protected]

 

[draqon]

those are pretty idiotic prices.

 

[bidawinner]

Maybe I can get 1 percent of that for Beijing.BZ then ? !! .. not likely...

Beijing.BZ

 

[gariben]

I do not think $400,000 for beijing.com to be idoitic price. In fact it might be too low.

 

[Anthony Ng]

Originally posted by gariben
I do not think $400,000 for beijing.com to be idoitic price. In fact it might be too low.

I tend to agree that US$400,000 is not outrageously high when newzealand.com's been sold for US$500,000. We all know that China (or Beijing in particular) is a more popular tourist destination (except for recent SARS scare which might really help the sale; they need some promotion, right?) than New Zealand and the Chinese (either the government or businesses) have much deeper pockets.

But please keep in mind that the authenticity of that post has yet to be verified (or could it ever be?)

 

[yesonline]

Hmm... ult spent 1 million for Beijing.com and now only wants to sell for $400,000? I don't think so.:embarrass

 

[Anthony Ng]

Originally posted by yesonline
Hmm... ult spent 1 million for Beijing.com ...

Mind sharing a link to that, for example?

 

[yesonline]

Originally posted by nameslave

Mind sharing a link to that, for example?

An old thread

http://www.dnforum.com/showthread.php?s=&threadid=4356&perpage=20&highlight=beijing.com&pagenumber=2

 

[Anthony Ng]

Hmm ... but that article doesn't show any actual transaction, not particularly when Yun Ye (Ultsearch) got it. Actually, there's a more interesting piece at http://www.hexinsoft.com/articles/article2001-3-22.htm (also in Chinese).

 

[draqon]

Yun bought Beijing.com for like 7k on Namewinner.com. Whoever thinks he would spend 1M on that domain needs to question their sanity.

 

[Anthony Ng]

Originally posted by draqon
Yun bought Beijing.com for like 7k on Namewinner.com.

Again, do you have a link to that story?

 

[Anthony Ng]

Originally posted by bidawinner
Maybe I can get 1 percent of that for Beijing.BZ then ? !! .. not likely...

I couldn't even sell heilongjiang.org and liaoning.org for 1% of his .com's asking price.

 

[draqon]

No, I don't. I don't normally read or write articles about domains that are bought on namewinner. I will say that I belonged to Namewinner at the time. I knew when the domain was dropping, and I saw the high bids for it.

Originally posted by nameslave

Again, do you have a link to that story?

 

[GeorgeK]

beijing.com wasn't caught by NameWinner (I think Draqon might be thinking of compare.com, caught for $8K). Beijing.com was caught through MelbourneIT, beating NW bids of $20,000+ (can't recall what it topped out at, as I was outbid at $15,000 in the final minutes).

 

[draqon]

thanks for the clarification. i was mistaking beijing.com for compare.com.

 

[domainscot]

price for a major city is about £17.000

 

[izoot]

Originally posted by domainscot
price for a major city is about £17.000

I'll take 2

 

[mole]

Let's just see the Chinese government's reaction to this heh.

If it is true, Ults is being very reasonable with its top name. They have over 30,000 that suck big time, so the story goes :razz:

 

[play]

Just a matter of time before a attorney letter arrives..

barcelona
madrid
southafrica
newzealand

Do you see a pattern in here!

A superpower capital can not go unnoticed..

It may be attracting some overflow traffic from:

www.beijing.gov.cn/english/

I mean with major backing

Just being smart

 

[Anthony Ng]

Originally posted by play
Just a matter of time before a attorney letter arrives..

barcelona
madrid
southafrica
newzealand

Do you see a pattern in here!

A superpower capital can not go unnoticed..

I mean with major backing

Just being smart

http://www.dnforum.com/showthread.php?s=&threadid=28578