.Vip

    • MMX: three gTLDs approved for sale in Beijing

      Three foreign new gTLDs have been approved for sale and resolution in Chinese capital Beijing, according to MMX. The portfolio registry said today that its .vip is among the first to receive approval from the Beijing Communications Administration, one of China’s many regional authorities. According to MMX, while many gTLDs have managed to pass through the Ministry of Indust ...

      Kevin Murphy/ DomainIncitein Paid Search- 13 readers -
    • MMX sells 7,000 domains for $3.4 million

      New gTLD registry MMX said it has sold $3.4 million in “premium” .vip domains names to Chinese domainers in the last few months. In what is believed to be a small numbers of deals to a limited number of corporate investors, “over 7,000” domains changed hands since they became available in late June. MMX said that $2.8 million of the deals closed in the last 10 days.

      Kevin Murphy/ DomainIncite- 11 readers -
  • MMX says .vip renewals running at 75%

    … MMX has revealed that its renewal rate for first-month .vip registrations in China were over 75%. The portfolio gTLD registry, also known as Minds + Machines, said that 317,000 domains that were registered during .vip’s first month of availability have now been renewed. The news follows a June announcement that the renewal rate would be over…

    Kevin Murphy/ DomainIncite- 13 readers -
  • MMX says .vip renewals to be at 70%+

    … MMX believes the biggest money-spinner in its new gTLD portfolio, .vip, will see first-year renewals in excess of 70%. The company said this morning that it is projecting renewals towards the top end of industry norms based on manual renewals to date. .vip was a bit of a hit in China, topping a quarter-million domains in its first month…

    Kevin Murphy/ DomainIncite- 17 readers -
  • MMX billings double even as some volumes slide

    … compared to $206,000 off 102,000 registrations in 2015 reflecting the use of a promotional initiative to drive registrations that year. MMX also disclosed that China now accounts for more than half of its billings: 59%, compared to 24% for the US and 17% for Europe. That’s largely based on its launch of .vip, which launched last May and has half…

    Kevin Murphy/ DomainIncite- 19 readers -
  • .xyz, .club and .vip get the nod to sell in China

    … The Chinese government has granted licenses to operate in the country to its first tranche of new gTLDs — .vip, .club and .xyz. The agreements mean that Chinese registrars will be able to give their Chinese customers the ability to actually use their domains for web sites. It also means the companies will be obliged to censor domains…

    Kevin Murphy/ DomainIncite- 15 readers -
  • China conference leads to 49% .vip spike

    … The Global Domain Industry Conference, held in China over the weekend, has led to a huge boost in .vip domain sales. Registry Minds + Machines told the markets this morning that the recently launched gTLD hit 404,892 as of 1600 UTC yesterday, up 49% from Friday. CEO Toby Hall confirmed to DI that China is very much behind the spike…

    Kevin Murphy/ DomainIncite- 14 readers -
  • M+M makes $3.2 million in five days from .vip

    … Minds + Machines has billed $3.2 million in .vip domain names sales after the first five days of operation, the company said this morning. It’s already managed to pay off the cost of acquiring the domain at the September 2014 auction, which was $3.1 million. Between 1600 UTC May 17, when .vip went to general availability, and the same time…

    Kevin Murphy/ DomainIncite- 14 readers -
  • M+M turns $22m profit into $10m loss

    … need to essentially double its revenue in order to hit operating profitability, it seems. The company is pinning some of its growth hopes on .vip, which it expects to do well in China. It launches May 18. Hall said in a statement that M+M would not follow the lead of competitors (Famous Four Media springs to mind) by offering first-year…

    Kevin Murphy/ DomainIncite- 12 readers -
  • Second last-resort gTLD auction raises $14.3m

    … ICANN has raised $14.3 million auctioning off three new gTLDs — .buy, .tech and .vip. It was the second batch of “last resort” auctions, managed by ICANN and Power Auctions, in which the winning bids are placed in a special ICANN fund. Notably, while Google participated in all three auctions, it failed to win any, setting a reassuring precedent…

    Kevin Murphy/ DomainIncitein Google- 6 readers -
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