China.com sold for $11.7 million – HongKong.com also sold

The South China Morning Post (scmp.com) reported today that the domain name China.com was purchased in August 2013 for HK$90.8 million. That is about $11.7 million USD. The buyer is China Radio International, a state-owned media conglomerate.

China.com website was relaunched as a multilingual online platform. in an effort to boost the China’s media presence abroad. As of Monday, it features content in eleven different languages.

The domain name HongKong.com was also purchased by China Radio International.

China.com purchase is one of the highest domain name sales ever recorded. In 2010 Insurance.com was sold for US$35.6 million. Vacationrentals.com and PrivateJet.com were also for more than US$30 million. Sex.com was sold for US$13 million at Sedo.com. Other “country” domain name sales include Russia.com that was sold for US$1.5 million in 2009 and Korea.com for US$5 million in 2000.

Sold.Domains

About Konstantinos Zournas

Konstantinos studied Computer Engineering and Computer Science in London and lives in Athens, Greece. He loves domains and building websites. He is online since 1995, learned about html in 1996 and got into domains in 2002. He started the OnlineDomain.com blog in 2012.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.