Yue Dai, Chinese domain investor
Chinese domain investor, Yue Dai (Dai Yue) announced the acquisition of another major domain asset, UK.cn.
Touting the purchase as that of a single domain representing two countries—the UK and China—Yue Dai shared his latest acquisition thus:
Just bought UK.cn
At a time when 2L.com was becoming increasingly scarce and it was very difficult to acquire domains with good meaning and space to invest in, 2L .cn and 3L .com became investment flops.
After all, CN has more registrations than .com in China, with more than 18 million registrations.
Large companies have almost all acquired their 2L .cn, such as JD.com holding jd.cn and Mi.com holding mi.cn!
The company that bought 360.com for $17 million initially built it on 360.cn. At its peak it was valued at $70 billion, and it started a search engine called So.com (so means search in China), but I had their so.cn, and I turned down an offer of $500,000.
All in all, 2L. cn isn’t a bad place to be in China, where there are 4,000 companies and a billion Internet users.
That last part is amazing: One billion internet users in China! 😀
Yue Dai has also acquired the domain House.com and is looking for global partners to build an international real estate business.
