Domain sales Made in China.
The Chinese economy is not doing as well as it did a year ago; then the big stock market crash occurred around this time in 2015.
But don’t confuse this picture with the actual cash flow of corporations in China. Venture capital exists in significant volumes, and most Chinese companies are quite experienced managing it.
John Lindfors, managing partner at DST Global, discusses the growing concern of a bubble in China’s Venture Capital market, his investment strategy and the outlook for the tech sector.
Chinese domain sales are trickling however. If domain names were a traded commodity, it would not look as peachy now.
We keep track of short domain sales – 2 to 4 characters in length – in the .CN, .COM and .NET TLDs and volume is not as impressive as it were last year.
Here is today’s list of domain names:
kmf.cn
mqp.cn
qfy.cn
xpm.cn
213.net
bwnf.com
bzxg.com
dfqg.com
dkhf.com
lgbw.com
qxlk.com
ygnh.com
Are we experiencing a period of a burst domain bubble as far as Chips are concerned?
When it comes down to individual investments, most definitely. Still, corporations in China continue to invest in meaningful domain names, spending tens of thousands of dollars on average, or even millions.
What has suffered, is the notion that domains comprising of random letters or long numeric strings will continue to appreciate in value. That pipe dream, is already up in smoke.
