.Vip

  • .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- 8 readers -
  • China conference leads to 49% .vip spike

    …, and that the conference helped raise the profile of .vip. Billings and orders have now hit $5.5 million, up from $3.2 million on May 22, M+M said. That number includes sunrise and premium sales. At GDS, M+M sold eight .vip domains auction for a total of $232,000 before auction commissions, which very likely inspired the spike in base-fee registrations…

    Kevin Murphy/ DomainIncite- 9 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- 9 readers -
  • M+M turns $22m profit into $10m loss

    … Minds + Machines today reported a 2015 loss of $10 million and further outlined its “transformative” restructuring and China strategy. It’s the second full year of operating results M+M has posted since its first new gTLDs went live, and they’re not encouraging. Revenue for accounting purposes was $6.3 million, but the cost of sales was $6.2…

    Kevin Murphy/ DomainIncite- 8 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- 5 readers -