Three of China’s greatest auction platforms held successful auctions at DOMAINfest @ IoN.Asia in Hong Kong last week. Total auction proceeds reached USD $5.25 million (CNY 35,020,000) and 190.com’s auction also broke the record for 4-number domain prices in China.
See this summary in Chinese here.
Jinpai‘s auction reached a total of USD 2,592,223 (CNY 17,290,000) over the course of a 3 hour auction on 24 names on Monday Sept. 19th in the afternoon. The auction was run by Jinpai’s founder SHEN Xiaohang, CEO ZHANG Daguanren and Co-founder/Auctioneer QIAO Yuanyuan, who are all well-respected figures in the China domain industry. Many domains sold for incredibly high prices, including wq.com at USD 818,398 (CNY 5,450,000) and yaopin.com for USD 300,032 (CNY 2,000,000)
Jinpai’s hostess Qiao Yuanyuan (second from left) and the DOMAINfest team
24 highly valued names were offered in Jinpai’s auction
22.cn’s (爱名网) Wechat & Video Auction division ran an auction on Sept. 20th in the morning that brought in total proceeds of USD 487,621(CNY 3,250,000) for 20 names. 70.net went for USD 79,520 (CNY530,000) and dd.net USD 63,316 (CNY422,000). 3CPL (Chinese Premium Letter) hsw.com was successfully auctioned off at USD 52,513 (CNY350,000).
Cat Feng (center) of 22.cn and the DOMAINfest team
22.cn’s Cat Feng hosting their auction on September 20th
Last but not least was 190.com on the afternoon of the 21st, which brought in total proceeds of USD 2,171,204 (CNY 14,481,500). With introduction by 190.com’s CMO Cheng Lijuan (程妮娟), the auction was hosted by 190.com hostess Xiao Bei (小贝). Valuable names such as 6662.com went for as much as USD 145,440 (CNY 970,000) with more than 100 bids, breaking the record for 4-number domains in China. Other great auction prices included kf.com for USD 1,055,337 (CNY 7,040,000) and do.cn for USD 75,077 (CNY 500,000).
Cheng Lijuan of 190.com and the DOMAINfest team
The 190.com auction team
The 20 names and packages on auction for 190.com