If I learned something today it’s that it’s good to have a short number domain with an 8 in it. I also learned that the reserve ranges of 4.cn can be at the top, even the to the last dollar. 48.com was pretty close to the high end of the reserve and still didn’t meet. It was at $224,000 so I would imagine the reserve was $250,000. Somehow I think that there will be a little negotiation between the high bidder and seller to make the deal happen. Here are a few names that were up for auction this morning at 4.cn
48.com Didn’t hit Reserve ($224,000)
Fufu.com Sold at $45,000
881.com Sold at $60,100
080.com Sold at 45,537
Those are the only names I was tracking but there were several hundred thousand more dollars of names sold this morning. I’ll try and get you some totals soon.
fufu.com for $45k?
i’ve seen much better cvcv.com domains sell for 80% less than that.
@ Ron,
“Fu” means good fortune in Chinese. That’s why it sold at that price. To the Chinese, it’s a much better name than 95% of all other domains.
Looks like short investment grade .coms are starting to trade as asset classes in China. Something that never happened in the US. Inventory of short investment grade .coms is so small, prices will go completely vertical if perception in China that short investment grade .coms are a good investment keeps spreading.
Fufu is West African food made by boiling and pounding a starchy vegetable such as yam, plantain, or cassava.
I’ve been trying to tell people for 2 years about these short numerics. I’m selling every day but I’m also buying.
Numerology. The India combos should start to go as well.