China buys new internet space

More than half of new domain names (54%) are being registered by Chinese investors, leading over the US and Europe.
China  has a good grip on the internet market, by buying already registered .com, .co.uk and .de addresses and by registering new extensions such as .club, .top or .xyz. According to domain commerce site sedo.com the number of domain names registered in China rose by 400% between 2013 and 2015.

Real Estate
According to Sedo´s VP of Business Development, Matthias Meyer-Schoenherr, this development can have consequences for Western companies with worldwide operations. “You can compare domain names with real estate. The Chinese are buying all the new land and have claimed all prime locations. Every domain is unique and short and catchy .com domains names are being sold for millions of euros, especially to China.

Lucrative
Domain name speculation is generally lucrative and has a future. Initial registration of internet addresses with new extensions – so-called ngTLD (new generic Top Level Domains) will cost about 60 euro per domain. However, ngTLD domains are being re-sold via Sedo for an average of 1500 euro.