Report: 143.com Sold for Undisclosed Sum | DomainInvesting.com
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Report: 143.com Sold for Undisclosed Sum

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Manmeet Singh of JUA.in is reporting that his company brokered the sale of 143.com for an undisclosed sum of money:

After receiving an email from Manmeet and seeing the tweet above and a post on Facebook, I reached out to see if he could share any information about the sale or insight about the domain name. Here’s what he had to say about the deal that has already reportedly closed:

“We knew it very well that 143.com would sell, like a piece of cake, and at a price our Chinese domain name investor was expecting, however the price tag being in 6 figures commanded us to get out there in market and work for the money. We reached out to several non-Chinese investors for their interest since 4 is the least favorable digit for Chinese investors. On the way, we happened to discuss potential co-broker opportunity with our dear friend Andy (from UpMarketDNS.com) and were able to get what we wanted in minimum time (sale happened within few days of accepting domain name for brokerage) possible.

It’s definitely not one of the best examples of a short numeric domain name sale as per my experience since buyer got one heck of a deal at the price. The NNN.com market is hot with Chinese investment flowing in heavily these days, however also important to note that the buyer is not Chinese and purchased it purely as an investment (buyer is the same who bought EO.com as he informed me about it couple of days ago).

In our opinion, the value of short and numeric assets will continue to rise in coming days. We also happened to close the sale of TP.net & TF.net last week for combined value of mid five figures in two separate deals to Chinese domain name investors. Interestingly, seller of these domain names requested for NDA on prices rather than buyers because we still have few more to go for him.

We are fairly new to the domain name brokerage world, however currently have several LL.com, LL.net. LLL.com and NNN.com with us for sale and only disclose successfully completed transactions once closed at the escrow company. Cynthia from DN.com played a key role in completing these transactions securely, and on time.”

In addition to JUA.in, Manmeet is Founder & President of the Domain Name Owners Association of India. He was also the organizer of the DomainX conference in India.

If I learn more about the buyer or how the domain name will be used, I will do my best to write an update.


About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has sold seven figures worth of domain names in the last five years. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest.


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Comments (15)

    RaTHeaD

    so… if i read the article correctly, some guy of unknown origin, sold a domain with a 4 in it to another guy that may or may not have been chinese. and the amount he got is unknown. good work elliot. keep the news comin’. :)

    May 22nd, 2015 at 1:34 pm

      Elliot Silver

      “however also important to note that the buyer is not Chinese and purchased it purely as an investment ”

      My takeaway was that it’s not just Chinese buyers who are buying NNN.com domain names.

      In reply to RaTHeaD | May 22nd, 2015 at 1:36 pm

      Anon

      But we knew that already.

      In reply to Elliot Silver | May 22nd, 2015 at 1:43 pm

      brand

      Funny how 4 relates to death in Chinese, but they go with 4.cn
      Thought at one time they were going to change that.

      In reply to RaTHeaD | May 22nd, 2015 at 2:40 pm

    brand

    Funny how 4 relates to death in Chinese, but they go with 4.cn
    Thought they were looking at changing that.

    May 22nd, 2015 at 2:43 pm

    todd

    Great number that could make a great dating style site or any other brand for that matter. As you know 143 means “I Love You”

    May 22nd, 2015 at 2:43 pm

      Marek

      Todd, 143 means also “I fart a lot” :)

      In reply to todd | May 22nd, 2015 at 7:12 pm

      Manmeet P Singh

      That’s true Todd, one of the many meanings for 143 :)

      In reply to todd | May 23rd, 2015 at 12:29 am

    FX

    we considered buying it, but dealing with an unknown seller, selling domains he didnt own. All domains also happened to recently change hands as well.

    something was fishy here.

    May 23rd, 2015 at 12:08 am

      Manmeet P Singh

      FYI.. There is some guy named “Manideep” who was randomly spamming everyone with this name and other names, and we are in noway associated with him.

      We have more similar names available for sale with better digits, so please feel free to get in touch through http://www.JUA.in contact form.

      Thanks

      In reply to FX | May 23rd, 2015 at 12:28 am

      SoFreeDomains

      Manmeet, why can’t you release the amount involved in the sale, we are really interested.

      In reply to Manmeet P Singh | May 23rd, 2015 at 12:01 pm

      Manmeet P Singh

      We are obligated to respect our buyers request hence unable to disclose the sale amount.

      Thanks

      In reply to SoFreeDomains | May 25th, 2015 at 2:26 pm

    mansour

    There is only 1000 NNN.com domain however the price vary depending on the combination of the numbers any one sells NNN.com that have 4 or not for less than 250k is not getting the right price. last week I sold 5227.com for $18k I feel now that I lost on the sale after 1928.com sold for $26K +

    May 23rd, 2015 at 2:59 pm

      Manmeet P Singh

      True Mansour, price greatly varies depending on the numbers involved. I have another NNN.com without number 4 under our consultancy (brokerage, but I’d prefer to be called consultants, rather than brokers) and seller has high expectations, little over mid six figures tbh.

      As far as the sale of 5227.com is concerned, I’ll differ due to the old saying in our industry that “domain name is only worth what buyer’s willing to pay out of their pocket”.

      However, a good lesson learnt by you here that one should sell only after performing thorough research about relevant niche and recent sales. Good luck to you for future :-)

      In reply to mansour | May 23rd, 2015 at 3:08 pm

    Nitin

    Hi Folks!!

    It is a deal superbly executed by Manmeet, and all the credits to him for making it happen.

    As a co-founder of Jua.in, myself, unfortunately couldn’t take time out for this one.

    We surely have more opportunities coming our way.

    @FX
    Jua.in is a joint venture with Manmeet. :)
    #Livestrong

    May 25th, 2015 at 4:15 am

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