Another day, another two-letter .com domain has changed ownership, and onto a new, Chinese domain owner.
The domain name KM.com has been reported as sold, and according to Canadian domain investor, George Kirikos, this acquisition increases the LL .com stats as follows:
“Of the 400 Chinese-premium 2-letter .com domain names (no AEIOUV):
Chinese registrants own 108 (27%) while USA owns 204 (51%).”
The sale is expected to be in the low seven figure range; Chinese corporate buyers are currently spending millions of dollars to acquire premium, two letter or two number .com domains.
In related news:
ChaoMi, a statistical tool that keeps track of short domain sales completed on Chinese market places, can provide useful insight to the Chinese domain market.
Meanwhile, Verisign, overlords of the .com and .net TLDs, issued a warning about renewal rates of speculative domain registrations; the announcement is linked to registrations by emerging markets such as China.
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