Sedo Launches Chinese-Language Website to Power its Domain Name Transactions in China

Bit Ninja

域-名Sedo,  one of the world’s largest domain name marketplaces, has launched a new Chinese-language website, expanding its international reach to serve China’s 591 million Internet users and more than one billion Chinese speakers around the world.

With the addition of this Chinese-language site for domain name related services, Sedo now offers a platform that powers domain related services and transactions in seven languages, and support from a staff of domain name professionals that speak 25 languages.

Sedo’s new Chinese-language site includes all the features and functionality of its other global sites in order to help connect Chinese speakers to its database of more than 17 million domain names for sale. With nearly 50,000 active clients in China already, the site will make it easier for them to buy, park, and sell domains.

Sale of Dudu.com for $1 million

“We’ve seen growing demand for Chinese-related domains, including some of our most highly-valued sales in the recent past,”  said Sedo’s CEO, Tobias Flaitz. “Our new website will help expedite similar transactions and make them even easier to execute.”

One of the largest domain transactions of 2012 was the Sedo-powered sale of Dudu.com for $1 million. Sedo’s brokerage team negotiated the sale while navigating the language barrier between a Chinese seller and Russian buyer. Other recent Chinese-related domains to sell on Sedo’s marketplace include yinhang.com for $300,000 and juxin.com for $66,666, two of the most highly-valued sales in the second quarter of 2013. In the third quarter, a private transaction to a Chinese buyer valued at nearly $500,000 was one of Sedo’s largest sales.

Headquartered in Cologne, Germany and with offices in London, England and Cambridge, Mass., Sedo has assembled one of the world’s largest database of domain names for sale, with more than 17 million listings.