Sedo Illustrates Chinese Involvement in Domain Market
Sedo shared a neat infographic on Twitter today to illustrate the amount of Chinese involvement in their marketplace.
Wow, over 50% of Chinese involvement in all of or domain transactions! That's huge! pic.twitter.com/xkGvq8OROd
— Sedo (@Sedo) November 27, 2015
The infographic shows that last week there were 783 domain name sales that had “Chinese involvement.” This works out to 52% of all domain name sales consummated via Sedo last week. The company compared this figure to the same week in 2014. During the same week of 2014, there were 60 domain name sales consummated on Sedo with “Chinese involvement,” which works out to just 9% of all sales.
Sedo did not offer additional details or insights about why there was a major jump, but I think it is safe to conclude that the recent uptick in short letter and numeric domain names by Chinese buyers was the reason for this major boost. Sedo also held a numeric .Club domain auction, and I am under the impression that many of those domain names were bought by people in China.
It would be interesting to see the weekly comparison over the last year, and it will also be interesting to follow these figures going forward.
I presume other marketplaces such as NameJet, Afternic, and DomainNameSales.com are making similar observations, and it would be great to hear what they are seeing on their own marketplaces.
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