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December 11, 2015

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Here's the The Lowdown from DN Journal,
updated daily
to fill you in on the latest buzz going around the domain name industry. 

The Lowdown is compiled by DN Journal Editor & Publisher Ron Jackson.

An Inside Look at eName's 10th Anniversary Event Where Top Chinese Domain  Investors Met Last Weekend

2015 has been "The Year of the Chinese Domain Investor." If you follow our weekly sales charts and other industry news you know that buyers from China have been the dominant force in driving aftermarket sales this year. As a result, on this side of the globe there has been increasing interest in China and learning more about the domain loving investors there who have turned the market upside down (in a good way). 

Our friend George Hong of Guta.com, a Philadelphia based domain broker who has been a key player in helping build a domain investment bridge between the East and West, is currently in China where he has been 

China image from Bigstock

attending some key events for that country's domain industry. One of largest of those was registrar eName's 10th Anniversary Event held this past weekend (on Saturday, December 5, 2015) in Xiamen. With the help of eName's event staff, George was kind enough to have some photos and highlights from the party put together for us to share with you. That report - in their own words and photos (with some minor grammatical changes to better fit the English translation) - is below:

Over One Hundred Famous Chinese Domain Investors Get Together at eName’s 10th Anniversary Thanks Meeting

China has become a big domain country. Chinese investors have gradually become the backbone of the global domain industry. eName Technology Co., Ltd. (eName) is a nationally famous domain registrar located in beautiful Xiamen, a city well known as the capital of domains in China where the domain investment market has become much hotter this year. On December, 5, 2015, eName hosted their 10th anniversary thanks meeting - “A Domain, A Dream” -  in Xiamen. Over one hundred famous Chinese domain investors gathered together for the first premier event of China’s domain industry over the past decade.  

Well known as China’s“ Domain King”, Cai Wensheng attended this meeting. Cai Wensheng is a famous angel investor and the president of Meitu. As the fourth largest mobile Internet company in China the number of Meitu users follows only  Baidu, Alibaba and Tencent  Meitu also releases a self-portrait smartphone Meitu Kiss that has great sales in Asia is great and is especially popular with female users.  

58.com Inc. is China’s first information classification website and is known as "China’s Craigs List". Their President and CEO, Yao Jinbo, also attended this meeting. 58.com Inc went public on the New York Stock Exchange in 2013 and completed a merger with Ganji.com in April 2015. When eName was founded Cai Wensheng and Yao Jinbo both invested in eName. Yao Jinbo once said, “The return on investing in eName has been the biggest.”  

Above: All meeting attendees in Xiamen, China (December, 5, 2015).

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Above: The beautiful hostess  

Above: Yao Jianjun (Feiyu.com), Kong Dejing (eName) and Wu Xinhong (Meitu)
giving the opening speech.  

Above: eName President Kong Dejing speaking at the meeting. He told attendees, “I 
hope everyone will take domains as an honorable and great cause to do in the next decade.”

Above: In a very interesting comment, Yao Jinbo of 58.com Inc. told guests, “The domain industry has great development space. Comparing to the investment in vehicles, housing, 
domain investment circulates faster, it also cashes out faster.”

Above: Cai Wensheng of Meitu speaking at the meeting said, “ If there is a way we can 
have the domain name deep processed by turning it into a website or matching it with the trademark to become an IP, then the value is infinite.”  

Above: Kong Dejing, John Xu (4.cn Founder), Shen Xiaohang (famous domain investor), 
George Hong (Guta.com)
, Song Yang (famous Pinyin domain investor)and Wang Weilin (Tou.com) discussing domain investment.  

QQ图片20151209154445

Above: A scene from the Live Domain/IP Auction showing the
Ename account ID number 86666 sold for the equivalent of $13,830.

Above: A wider view of the Live Domain Auction  

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Above: Logos of attending companies

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Above: Editors busy recording and organizing the meeting.  

Below: Four photos of attendees taking a break for some sightseeing 
aboard a yacht cruising in the beautiful sea off Xiamen.

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Below: A Laser Show  highlighted meeting After Party

     

Thanks to the support of all parties, eName was able to host this premier event with so many top domain investors. As a dedicated domain registrar for ten years, eName ‘s domain registrations are over 5 million, domain annual turnover has been long over 1.5 billion RMB and eName has become the leader of China’s domain industry development.

Our thanks to George Hong and eName staff for providing us with this look at some of the key faces of the Chinese domain industry. We expect to be seeing and hearing a lot more about them in the future. 

(Posted December 10, 2015)


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