Domain Marketplace Sedo Launched Chinese Service

Domain marketplace and monetization provider Sedo launched today a Chinese version, sedo.cn. “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.

One of the largest domain transactions of 2012 was the sale of Dudu.com at $1 million. The transaction was between a Chinese seller and Russian buyer. Other recent Chinese-related domains to sell on Sedo 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 for nearly $500,000 was one of Sedo’s largest sales.

Sedo now has about 50,000 active clients in China. Currently it supports payments through PayPal and Visa/Master credit cards. Alipay, a dominant online payments service in China, will be added very soon, says Sedo.

Now Sedo offers services in 7 languages, with 17 million listings and  more than 2 million members on its marketplace. There had been 9589 transactions on Sedo in Q2 2013 that transactions totals $175 million, with 2% buyers from China.

Sedo is antonym for “Search Engine for Domain Offers”. Headquartered in Cologne, Germany, Sedo has offices in London, England and Cambridge, Mass.