Sedo Launches Sedo.cn Website

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Sedo.cnThis morning, Sedo announced that the company launched a Chinese website. The new website can be found at Sedo.cn. From what I understand, the domain name aftermarket in China is very strong, so launching a new website on the Sedo.cn domain name seems to be a good move.

With the addition of the Chinese version of Sedo’s website, Sedo now supports transactions and services in seven languages. Its brokers also speak a total of 25 languages, which is helpful on both sides of its transactions.

The press release announcing the news is posted below:

Sedo, the world’s largest domain marketplace and monetization provider, today unveiled a new Chinese 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 a Chinese-language site, Sedo now offers a platform that powers domain related services and transactions in 7 languages, and support from a staff of domain professionals that speak 25 languages, further strengthening its position as the only true global domain marketplace and service provider.

“Sedo has always been an international company, and as the Internet expands to continue creating a global economy that connects languages, countries and cultures, we’re keeping pace with and even helping to fuel that rapid change,” said Sedo’s CEO, Tobias Flaitz. “We’ve seen growing demand for Chinese-related domains, including some of our most highly-valued sales in the recent past, and our new site will help expedite similar transactions and make them even easier to execute.”

For example, 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.

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 domains 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. It will also help to grow Sedo’s Chinese client base and expand the audience of potential buyers for all Sedo customers, no matter where they are in the world.

Sedo’s Chinese-language website can be found at www.sedo.cn.

8 COMMENTS

  1. Sedo.cn redirects to Sedo.com. It’s not completely in Chinese yet. For example, the Ryan video is still in English. Sedo.jp at least, does not redirect to sedo.com.

  2. Sedo’s hosted Chinese language pages for quite a few years already.

    Many times I’ve had to redirect my Chinese clients to Sedo’s Chinese version for the external escrow instruction since it’s in their native language.

    Sedo’s purchase of the .cn and redirecting it to those pages I’d wouldn’t exactly call an innovation, synonymous with what Cloud hosting is to VPS hosting 🙄 a publicity stunt at best maybe.

    @TC
    Overall my biggest concern is Sedo’s encroachment on the established market places already in place in China. At worst his could evoke a Westernization of Chinese domain purchasing habits destroying any and all arbitrages that currently exist between Eastern and Western buying philosophies.

    A good example of this is the fact that decent LLL.mobi combos and .cc domains are still relativity attractive over there where here we frown upon them, consider them worthless with many domain holders on forums and similar marketplaces literally giving these types of domains away.

    The last thing we need is for Chinese domain investors to think the same way too.

  3. Sedo’s hosted Chinese language pages for quite a few years already. Many times I’ve had to redirect my Chinese clients to Sedo’s Chinese version for the external escrow instruction since it’s in their native language.

    Sedo’s purchase of the .cn and redirecting it to those pages I’d wouldn’t exactly call an innovation, synonymous with what Cloud hosting is to VPS hosting 🙄 a publicity stunt at best maybe.

    Overall my biggest concern is Sedo’s encroachment on the established market places already in place in China. At worst his could evoke a Westernization of Chinese domain purchasing habits destroying any and all arbitrages that currently exist between Eastern and Western buying philosophies.

    A good example of this is the fact that decent LLL.mobi combos and .cc domains are still relativity attractive over there where here we frown upon them, consider them worthless with many domain holders on forums and similar marketplaces literally giving these types of domains away.

    The last thing we need is for Chinese domain investors to think the same way too.

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