« Home | The $100 laptop » | SanDisk's iPod-Killer? » | A Clean, Well-Wired Place »

Monday, August 21, 2006

China's Internet Bubble?

Last Friday, a sale of Chinese Internet domain names garnered $160,000. That isn't much compared to the Internet Bubble of the late 90's, but then the China bubble (if there is one) is just heating up. A lottery ticket site, caipiao.com ("caipiao" means lottery ticket in Chinese), sold for 37,000 yuan (about $4000) while mobile personal computing sites (umpc.cn and umpc.com.cn) got 390-,000 yuan ($49,000). Still all was not well. Many domains received no bids at all (like dvd.com.cn).

Labels:

Send to a Friend!       Subscribe!      

    Stumble Upon Toolbar    

Comment Archive

Reader Comments:


Previous Posts

« Home