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# Chinese Domain Name Sells For $160,000

By Greg Ponesse | Published 2006-08-21 | Pop Culture
Source: Trend Hunter, https://www.trendhunter.com/trends/chinese-domain-name-sells-for-160000
References: [cnn](http://www.cnn.com/2006/TECH/internet/08/18/china.domain.name.reut/index.html)

A sale of Chinese Internet domain names netted more than $160,000 on Friday in what organizers said was the [biggest such auction](https://www.trendhunter.com/trends/highvalue-charity-auction) yet in the computer-crazy country. A pair of sites named for [ultra-mobile personal computing](https://www.trendhunter.com/trends/cqxa-holdings-asetek) (umpc.cn and umpc.com.cn), one of the hottest technologies around, fetched an eye-popping 390,000 yuan ($49,000).

[Generic domain names](https://www.trendhunter.com/trends/domain-crafter) including art.com.cn and book.com.cn sold well above their reserve prices, while caipiao.com -- "caipiao" means lottery ticket in Chinese -- fetched 37,000 yuan.

## Trend Insights (Trend Hunter)

- Score: 4.9/10
- Popularity: 85% | Activity: 53% | Freshness: 8%
- Audience gender: 50% men, 50% women
- Primary generations: Millennial, Gen X
- Top markets: North America, Europe, Asia

## Categories

[Trend Hunter](https://www.trendhunter.com/trends) > [Pop Culture](https://www.trendhunter.com/popculture) > [Internet](https://www.trendhunter.com/internet)

## Key Themes

### Key Themes Behind This Trend

- **Chinese Domain Name Auctions:** The rise of Chinese domain names auctions provides ample opportunity for Domain Name Brokers to provide more services for new domain name owners.
- **Ultra-mobile Personal Computing (UMPC):** With the popularity of UMPCs, the computing industries can focus on developing more innovative UMPC models to increase the demand for such devices.
- **E-commerce Domains:** The demand for e-commerce domains is on the rise, and this creates an ideal opportunity for marketers to develop more innovative e-commerce platforms.

### Where This Applies

- **Domain Name Brokers:** Domain Name Brokers can leverage the rise of Chinese domain name auctions to offer new and innovative services to domain name owners.
- **Computer Technology:** In order to take advantage of the high demand for ultra-mobile personal computing, computer technology companies need to invest more resources in developing more innovative models to capture the market.
- **E-commerce:** The rise in demand for e-commerce domains creates opportunities for marketing companies to develop new and innovative e-commerce platforms for commercial activities.

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