Escrow service reports 2.7 million in transactions for Q1

I just received an email from China based escrow service 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 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 team. I’m looking forward to see their Q2 numbers.  Here’s the full report:



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7 thoughts on “Escrow service reports 2.7 million in transactions for Q1”

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

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