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:
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.
That sucks. Mai.com currently is under Chinese ownership so might well be.
Mai.com does not resolve.
6 Numerical domains on the top ten list, a clear indication of how valuable they’ve become to the Chinese buyers. Thanks.
Escrow.com takes 0.89% for large sales. What is the DN’s commission?
There is a commission calculator on their website.
China’s market for domain names is growing very fast.