Escrow service DN.com reports 2.7 million in transactions for Q1

I just received an email from China based escrow service DN.com which shows some interesting insights in how they are doing and what type of domain name transactions they are handling 6 month after official launch. The company handled over 2.7 million US dollars in transactions with a 3 letter .com being the largest transaction at ¥ 2,300,000 (US$ 419, 354). With an average Escrow fee of around 1% the company seems to be still a bit away from profitability but I’m sure they will continue to grow rapidly considering they are on the ground in one of the most exciting markets for domain name investing at this very moment: China.  I’ve used DN.com in the past while dealing with a Chinese buyer that didn’t speak English and the transaction wouldn’t have been possible without the customer support of the DN.com team. I’m looking forward to see their Q2 numbers.  Here’s the full report:

 

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Doron Vermaat

Doron has over a decade of professional experience in marketing and business development for technology startups in both Europe and Asia. He is the product guy behind domain name management software, Efty and the founder of High West a specialized recruiter for tech and digital talent. In his spare time, he moonlights as a domain name investor. He lives in bustling Hong Kong with his wife Fay, daughter Isla and their rescue dog Pepper.

7 thoughts on “Escrow service DN.com reports 2.7 million in transactions for Q1

  1. Something tells me that big sale is Mai.com. It’s a name I used to have years ago and sold it for a tiny fraction. What a blow.

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