Saturday, 17 November 2012 06:26 Domain News
According to a press release,Feng.com domain name was sold for $250,000 in a transaction between two private parties.The sale was brokered by FindYourDomain.com and closed on Nomber 1,2012 .
You can read the press release after the jump :
"The domain name Feng.com sold for $250,000 in a deal brokered by FindYourDomain.com. The transaction was between two private parties and the sale closed on November 1, 2012. “We are seeing a higher demand from investors and businesses in China for .com domain names. It seems the market prefers .com over the local .cn extension.” said FindYourDomain Marketing Manager Tom Salbego.
China is the world’s most populous nation, home to 1.34 billion people and about 538 million Internet users, or 40% of the population. The percentage of internet users has grown four fold since 2005, when only 10% of the population were online. When you compare the internet usage of China to the United States, which 78% of the population is online, it is obvious that there is a tremendous potential for online growth in China. In the next five years we should see the percentage of internet users in China grow to 70%+, or more than one billion people.
The use of mobile devices and tablets in China is growing. Currently almost 70% of internet users in china connect via a mobile device which make short, memorable domain names like Feng.com even more valuable.
Chinese domain names continue to be great investments for businesses located in China and worldwide organizations looking to penetrate the Chinese market. FindYourDomain has partnered with NameJet.com to auction an exclusive list of more than 200 premium domain names. Auctions begin on November 25, 2012 and run through January 29, 2013. Other great Chinese domain names in the auction event include:
Liao.com
Liu.com
Xiao.com
Yin.com
Shen.com
Guo.com
Ching.com
You can see the full list of available domain names here .
