New six percent tax in China : Domains are now “intangible assets”
On July 1st, China introduced a 6% tax levy on domain names, and this is good news. Some might wonder, how would an act of “Communist Capitalism” such as this be “good news” for the Chinese domain investors? Very simple. According to this chart sheet in Chinese, domain name sales are categorized as “Sales of […]
Copyright © 2024 DomainGang.com · All Rights Reserved.Two letter domains : HH.com sold to the Chinese
Another day, another premium two letter .com domain headed to China. HH.com moved away from Hecker Law and into the hands of one of China’s biggest investors of such domains, 62.com. Domain investor, George Kirikos, noticed the change and remarked about the latest stats involving LL .com domains: “By my count, Chinese registrants own 166 […]
Copyright © 2024 DomainGang.com · All Rights Reserved.Chinese domain investors : 1 billion accounts leaked on the Dark Web
Domain investors from China should perform a thorough change of passwords across their social media accounts without delay. Details of more than 1 billion accounts from large Chinese service providers have been packaged and are being resold on the so-called “Dark Web,” an underground group of sites operating on the Tor network. According to a […]
Copyright © 2024 DomainGang.com · All Rights Reserved.Chinese domain market report : Want to start a business venture in China?
China is the world’s 2nd largest economy, thanks to its vigorous implementation of Communist Capitalism and its unique financial model. The government decides which ventures are hot, and offers subsidies to start-ups that meet its criteria. Government officials are creating investment funds, providing cash subsidies and building incubators for thousands of Chinese companies in the […]
Copyright © 2024 DomainGang.com · All Rights Reserved.Chinese domain market report : Obama, what are you doing?
In recent months, China has been playing some hardball over the control of atolls in the South Sea. Essentially, it converted previously uninhabited islands into landing strips for its military planes, from where it can launch surveillance and potentially, attacks, in the region. Earlier this year, a United Nations committee decided on behalf of the […]
Copyright © 2024 DomainGang.com · All Rights Reserved.Chinese domain market report : Would you buy aftermarket domains from China?
During the past 2 years, the Chinese domain market has exploded with activity. While self-sufficient, China’s domain investors more often buy domains from Westerners liquidating their domain portfolios. This is particularly common with short, “coinage” domains, particularly the “Chip” kind. Chinese domainers then trade these domains among themselves. It’s not uncommon for a domain to […]
Copyright © 2024 DomainGang.com · All Rights Reserved.Chinese domain market report : China’s powerful domainers
The Chinese domain investors who attended the World Domain Conference last month, were among the most powerful in Asia. Not only because the market is jumping with domain transactions currently, but also in terms of capital on hand. The number of Chinese entrepreneurs that are involved in domain investing follows different principles than in the […]
Copyright © 2024 DomainGang.com · All Rights Reserved.Chinese domain market report : Chips are selling still
The Chinese domain market is delivering a performance spike, just a few days after the World Domain Conference ended in China. The event was organized by Yumi.com. This is great news for domain investors willing to part with their “Chinese premium” domains, also known as “Chips.” We’re witnessing an increase in the volume of sales, […]
Copyright © 2024 DomainGang.com · All Rights Reserved.Chinese billionaire registers 1.2 million .XYZ domains in 2 hours
A Chinese billionaire from Shanghai has registered 1.2 million .XYZ domains today, between 7am and 9am. Xiong Yang Zen, who made the bulk of his fortune manufacturing baby food, women’s faux bags and shoes and nuclear byproduct processing units, is now diversifying his investments. The 34 year old billionaire flies between Shanghai and Los Angeles […]
Copyright © 2024 DomainGang.com · All Rights Reserved.Chinese domain market sales : Alibaba stock holder sells billions
In recent years, China‘s financial markets have become the new Wild West East where fortunes are made, or one’s own shirt is lost. Just a year ago, the loss of $5 trillion dollars in stock valuation was China’s largest stock market bubble burst. Recently, SoftBank Group Corp, the largest investor in Alibaba Group, sold off […]
Copyright © 2024 DomainGang.com · All Rights Reserved.Chinese domain market report : Tumblr blocked in China, Elequa sells more chips
The Chinese government works like this: China’s officials wake up every morning, determined to find something to censor, any online resource that seems to pose a cultural or political threat to them. And now, Tumblr is being blocked in China, despite belonging to Yahoo, that owns a large stake in Alibaba. The latter, is being […]
Copyright © 2024 DomainGang.com · All Rights Reserved.Chinese domain market sales : To the Moon and back!
China is getting ready to send its latest lunar probe, Chang’e 5, to the Moon. The Chinese probe will collect samples from the moon’s surface, and return to its base in China. The mission is scheduled for 2017, which just so happens to be six months away! Well China, bring it on. The US is […]
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